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Ukraine says it needs 5 Bn cubic meters of Russian gas for winter

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  • Ukraine says it needs 5 Bn cubic meters of Russian gas for winter

    Ukraine says it needs 5 Bn cubic meters of Russian gas for winter

    15:26 * 23.08.14


    Ukraine needs to purchase additional five billion cubic meters of gas
    from Russia for the forthcoming winter season, Ukrainian Prime
    Minister Arseniy Yatsenyuk said Friday, RIA Novosti reports.

    "Can Ukraine now survive without Russian gas? No, it can't. How much
    Russian gas do we need to buy? About 5 billion cubic meters," he said
    in an interview with Ukrainian TV channels.

    He said that three-party gas talks, involving Ukraine, Russia and the
    European Union, are scheduled to take place next month.

    "I hope there will be some final stage to these talks," he said.

    He added that Kiev had reserved $3.1 billion for gas purchases in the
    National Bank of Ukraine.

    On June 16, Russian gas giant Gazprom introduced a prepayment system
    for gas deliveries to Ukraine amid a dispute with Kiev over its $4.5
    billion gas debt. The European Commission and Gazprom anticipate
    problems in winter, when Kiev is likely to run out of its own gas
    reserves.

    The Russian compromise was a $100 discount to the contract price,
    bringing it down to $385, as well as a phased debt repayment scheme.
    Ukraine declined the offer, dissatisfied with the discount mechanism.
    Current Ukraine's gas debt is estimated to be more than $5 billion.

    Earlier, Ukrainian national oil and gas company Naftogaz suggested to
    European companies purchasing Russian gas on the border between Russia
    and Ukraine. The European Commission said it would require a
    renegotiation of the transit contracts and a trilateral meeting
    between the European Commission, Russia and Ukraine.


    Armenian News - Tert.am

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