Russia not to resume tripartite gas meetings before Monday

Business & Economy June 13, 2014, 14:04

If the Ukrainian side fails to settle the overdue $1.9 billion for supplied gas by 10am on June 16, Russia will introduce a prepayment mechanism

MOSCOW, June 13. /ITAR-TASS/. Russia is not planning to resume before Monday the tripartite meetings on gas between the EU, Ukraine and Russia, a spokeswoman for the Energy Ministry Olga Golant told ITAR-TASS on Friday.

Earlier on Friday, the European Union’s Energy Commissioner Gunther Oettinger said he expected a dialogue with Moscow and Kiev in a telephone format on a new round of the tripartite gas negotiations.

On Monday, June 16, if the Ukrainian side fails to settle the overdue $1.9 billion for supplied gas by 10am, Russia will introduce a prepayment mechanism.

On Thursday, June 13, Gazprom’s CEO Alexei Miller said the company would not postpone any further the introduction of the prepayment terms. “No prepayment — no gas,” he said.

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