Russia and Ukraine Revisit Gas Conflict

2009/06/02
Publication: Eurasia Daily Monitor Volume: 6 Issue: 104
June 1, 2009 12:23 PM Age: 23 hrs
Category: Eurasia Daily Monitor, Home Page, Ukraine, Russia, Energy, Featured

Russian Prime Minister Vladimir Putin (R) and his Ukrainian counterpart Yulia Tymoshenko in Astana, Kazakhstan on Friday, May 22

In what is becoming a monthly ritual, the Russian leadership has publicly stated that they fear Ukraine will be unable to pay its upcoming bill for Russian gas delivered in May. On May 27 Gazprom’s spokesman Sergei Kupriyanov stated “Naftogaz is finding it enormously difficult to pay its bill for May” (Moscow Times, May 27). Furthermore, Russian President Dmitry Medvedev told EU leaders gathered at the EU-Russia summit in Khabarovsk on May 22 that Ukraine will be unable to pay the $4 billion to fill its underground storage facilities with the 19.5 billion cubic meters (bcm) of gas it requires to supply both its domestic needs and to meet the EU’s demand during the fall and winter. The consequence of such a default, according to Medvedev, might result in another stoppage in the deliveries of gas supplies to the European Union at the height of the heating season.

more

Tags: ,

Comments are closed.

October 2017
M T W T F S S
« Sep    
 1
2345678
9101112131415
16171819202122
23242526272829
3031  

Site Metter