facebook
twitter
rss
account
search
search
 

Gazprom to stop gas deliveries to Ukraine

Nov. 22, 2008 at 5:06 PM   |   Comments

MOSCOW, Nov. 22 (UPI) -- Russia's energy giant Gazprom announced Saturday it will not continue to make gas deliveries to Ukraine in the absence of a new contract.

Gazprom spokesman Sergei Kupriyanov said he would like to avoid cutting off gas supplies to Ukraine, RIA Novosti reported.

"There is still time to reach an agreement," he said. "As soon as the debts are paid, we are ready to sign direct contracts."

On Friday, Gazprom announced Ukraine had $2.4 billion in outstanding debt for gas supplies.

Responding, Ukrainian President Viktor Yushchenko ordered payment of the country's debt to Russia for natural gas supplies within five days.

© 2008 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
Gazprom: Hungary ready for South Stream Gazprom: Hungary ready for South Stream
2
Poland, Pakistan, Lebanon seek U.S. military hardware Poland, Pakistan, Lebanon seek U.S. military hardware
3
Thales receives low-rate production contract for new assault rifle Thales receives low-rate production contract for new assault rifle
4
Report: Billionaires are hoarding mountains of cash
5
Canada decides to retire two guided missile destroyers Canada decides to retire two guided missile destroyers
Trending News
Video
x
Feedback