AliExpress by Alibaba.com

15 May 2014

Russia to deliver gas to Ukraine only on prepayment - Putin

AFP Photo / Andrey Sinitsin

Starting from June 1, Russian gas will only be delivered to Ukraine if it pays for it in advance, said President Vladimir #Putin.
Despite #Russia suggesting immediate consultations to resolve the # Ukraine gas issue in April, there have so far been no specific proposals on ensuring stable deliveries and transit of Russian natural gas coming from EU partners, Putin said in a declaration to foreign leaders.

“Moreover, the situation with payments for Russian gas only got worse over this period of time. Gazprom has not received a single payment for the gas supplied to Ukraine, and the total debt has grown from $2.237 billion to $3.508 billion,”
the president stressed.

“And this despite the fact that Ukraine has received the first tranche of the IMF loan in the amount of $3.2 billion,” he added.

According to Putin, it leaves Gazprom no other choice, but to issue “an advance invoice for gas deliveries to Ukraine, which is completely in accordance with the contract, and after June 1 gas deliveries will be limited to the amount prepaid by the Ukrainian company.”
Source: RT

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