facebook
twitter
rss
account
search
search
 

Ukraine set to pay most of Gazprom bill

Jan. 2, 2009 at 10:35 AM   |   Comments

MOSCOW, Jan. 2 (UPI) -- Russia's energy giant Gazprom said it would receive the bulk of Ukraine's natural gas bill payment by Jan. 11, but critical issues remain outstanding.

Gazprom cut off Ukraine's supplies New Year's Day. Gazprom spokesman Sergei Kupriyanov said Ukraine's payment of $1.5 billion would arrive Jan. 11 "considering the holidays," RIA Novosti reported. But Ukraine still owed $614 million in late fees and its negotiating team for the 2009 contract "has not expressed its readiness to fly to Moscow," Kupriyanov said.

Gazprom on Thursday increased its 2009 price for Ukraine to $418 per 1,000 cubic metesr, up from an early offer of $250 per 1,000 cubic meters, the news agency said.

Ukraine paid $179.50 per 1,000 cubic meters a year ago and recently said it was willing to go as high as $235 per 1,000 cubic meters.

© 2009 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
GM recalls 221,000 Cadillacs and Impalas GM recalls 221,000 Cadillacs and Impalas
2
New National Security Cutter delivered to Coast Guard New National Security Cutter delivered to Coast Guard
3
First MT30 engine for Korean Navy frigates passes acceptance tests First MT30 engine for Korean Navy frigates passes acceptance tests
4
Ukraine's State Guard Service receives armored personnel carriers Ukraine's State Guard Service receives armored personnel carriers
5
Navy's Triton surveillance drone flies cross-country Navy's Triton surveillance drone flies cross-country
Trending News
Video
x
Feedback