Gazprom postpones demand of pre-payments from Ukraine

Russia has postponed the introduction of advance payments for gas deliveries to Ukraine to June 16. This was announced by the CEO of Gazprom, Alexei Miller, after a meeting between the Russian delegation and the EU Energy Commissioner Günther Oettinger in Brussels.

Miller stressed that Russia did this step to make it possible to continue constructive negotiations with Ukraine. Tuesday 10 June was the original deadline that Gazprom had given Ukraine to solve the problem of settlement of unpaid bills for delivered gas.

Negotiations between Russia, Ukraine and the EU will continue on Wednesday. The main topics of the negotiations are a new discounted gas price for Kiev, payment of Ukraine’s debt to Gazprom and a reliable transit system for gas from Russia to Europe through Ukraine.

Since April this year, Gazprom is asking for 485 USD for 1,000 cubic meters of gas from the troubled neighboring country. Kiev insists on the former “friendship price” of  268.5 USD, which was terminated in connection with the crisis between the two countries.

Moscow is willing to discuss a new discount – but only after the debt has been paid back. Ukraine on its side, however, will first reach an agreement on a new discounted price and then pay the billions of dollar debt for previous deliveries.

Sources: russland.RU – Internetzeitung, Voice of Russia