: :inin Kyiv (EET)

Russia, Ukraine Fail to Reach Gas Deal as Deadline Looms


Russian energy giant Gazprom say emergency talks with Ukraine aimed at ending a natural gas pricing dispute have ended without agreement. It says an 0600 UTC deadline for Ukraine to pay a $1.95 billion gas debt still stands.

Gazprom spokesman Sergei Kuprianov, speaking early Monday, also said Ukraine will be required to pre-pay for any gas supplied after the deadline, if the debt is not paid in full in the coming hours.

Russia and Ukraine have been embroiled in the energy dispute since April, when Moscow nearly doubled the price of gas to Ukraine to $480 per 1,000 cubic meters. …read more

Source: Voice of America

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