published Wednesday, June 11th, 2014

Russia gives Ukraine more time to reach gas deal

MOSCOW — Russia's gas giant has given Ukraine another week before it will start demanding prepayment for gas, without which it has threatened to cut off supplies.

Gazprom CEO Alexei Miller told Russian news agencies after Brussels-brokered talks with Ukraine in the early hours on Wednesday that the deadline will be pushed forward to next Monday.

Russia and Ukraine are negotiating ways for Kiev to clear its outstanding debts, the amount of which is being disputed. Kiev has been late with payments, prompting Russia to threaten to demand payment up front for future deliveries or it might restrict supplies.

Russia canceled price discounts for Ukraine following the ouster of pro-Russian President Viktor Yanukovych. Ukraine has been seeking a new price agreement before settling debts.

about Associated Press...

The Associated Press

videos »         

photos »         

e-edition »

advertisement
advertisement

Find a Business

400 East 11th St., Chattanooga, TN 37403
General Information (423) 756-6900
Copyright, Permissions, Terms & Conditions, Privacy Policy, Ethics policy - Copyright ©2014, Chattanooga Publishing Company, Inc. All rights reserved.
This document may not be reprinted without the express written permission of Chattanooga Publishing Company, Inc.