Wednesday, October 22, 2014

Kiev urged to pay for gas in a week. Moscow says cutoff to continue until it gets guarantees

Ukraine should be able to find ways of paying for Russian gas supplies within a week, ­Russian Energy Minister Alexander ­Novak said on Wednesday, ­suggesting a standoff would end once Moscow received ­financial guarantees from Kiev.

The latest round of gas talks between Moscow and Kiev ­ended late on Tuesday in Brussels with no agreement in a ­dispute that prompted ­Russia to cut off gas supplies to its neighbor in mid-June, ­potentially hurting flows west to the European Union.


But while Novak said he was optimistic for new talks on October 29, Ukrainian Prime Minister Arseniy ­Yatsenyuk said he was skeptical about ­building ties with Russia, ­underlining how efforts to reach a deal are hampered by a wider ­political conflict between the two ­countries.

On Tuesday, Russia increased the pressure on Ukraine, which is dependent on Western aid, demanding ­assurances on how Kiev would find the money to pay ­Moscow. Earlier Ukraine asked the ­European Union for a further 2 billion euros in credit.

Novak told reporters at an energy conference in Moscow that the two sides had almost reached a deal but that the talks came unstuck "by another ­issue - where will Ukraine get the money to pay in advance for gas supplies in November and December."

"If the Ukrainians have the money, then the documents will be signed. If not, then we will wait.".....Reuters..........http://www.globaltimes.cn/content/887807.shtml

22/10/14
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