Ukraine seeks resolution with Gazprom

Published: Dec. 30, 2008 at 9:41 AM

MOSCOW, Dec. 30 (UPI) -- The Ukrainian energy minister led a delegation to Moscow to make a final attempt to resolve a row over gas debts with Gazprom before supplies are disrupted.

Russian energy monopoly Gazprom says Ukraine needs to pay $2 billion in gas debt before Wednesday or face disruptions in natural gas deliveries from Jan. 1.

A similar row in 2006 cut Europe off from Russian natural gas for several days. Around 80 percent of the Russian gas bound for Europe travels through Ukraine.

E.ON, the Gazprom customer in Germany, said there was no need to forecast possible disruptions from the latest row with Ukraine.

"This dispute has been going on for years," E.ON said in a statement. "In all this time there has never been any serious disruptions for supplies to Germany."

Ukrainian Energy Minister Yuriy Prodan said he had "hope" that a deal could be brokered before the end of the year. Russian Prime Minister Vladimir Putin, however, accused Ukraine of avoiding its debt obligations, the Financial Times said Tuesday.

"They don't want to pay," Putin said.

Ukraine had received gas from Russia at a significant discount, though Gazprom in statements Monday said it was exploring raising that price for 2009 deliveries to $415 per 1,000 cubic meters. The current rate is $179.50.

© 2008 United Press International, Inc. All Rights Reserved.
Order reprints


Bishop warns 'Merry Xmas' hollow greeting (20 min)
COL FB: Alabama 26, Auburn 21 (30 min)
'Voodoo Child' named top guitar riff
Corn was up, other grains lower on CBOT
COL BKB: West Virginia 73, Texas A&M 66
UPI NewsTrack Business
UPI NewsTrack Health and Science News
fark
If you're in the market to buy millions of pounds of dead carp, the state of Utah has one heck of...
Not news: Man falls for exotic beauty while on vacation. News: She confesses she's a dude on their...
Tiger Woods condition upgraded from "serious" to "typical celebrity drunk driving accident"
Tow truck drivers tell cops they thought cars they towed from Best Buy last night belonged to patrons...
Indiana police called to two separate Toys 'R Us stores because customers were fighting over robotic...
Family's Thanksgiving dinner winds up with four people shot to death, lots of leftovers