Gazprom Moves Gas Prepayment Deadline For Ukraine To June 16
By Vladimir Soldatkin | Jun 11, 2014 09:11 AM EDT
Russia's Gazprom has moved a deadline for Ukraine to start paying in advance for natural gas supplies to next Monday, as EU-brokered talks continue over the price, the gas company's chief executive told Russian media.
"The Russian side has made the step to continue talks, which have been very intensive over the last few days," Alexei Miller told state-owned Rossiya 24 television from Brussels.
"The Russian side has decided to move the introduction of pre-payment (to June 16) at 10 a.m. (2.00 a.m. ET)."
Gazprom was not immediately available to comment.
Russia, Ukraine and the European Union will resume efforts to resolve the gas pricing dispute on Wednesday after an earlier Russian deadline for Kiev to pay some of its debts passed without Moscow cutting off supplies.
Ukraine wants to change the 2009 contract that locked it into buying a set volume of gas, whether it needs it or not, at $485 per 1,000 cubic meters - the highest price paid by any customer in Europe.
Most Popular
-
1
Southwest Faces Critical Revenue Growth, Slashes 2,000 Jobs, Shuts Down Operations Caused by Boeing Delays -
2
Biden Administration Expanding Pay Rule Change, Makes 4 Million Salaried Employees Eligible for Overtime Pay -
3
10 Power Phrases: How Early Career Professionals Can Stand Out and Excel in The Workplace -
4
Starbucks Gains US Supreme Court Support on Challenging Federal Courts’ Injunction Requests -
5
Nvidia-backed Synthesia Introduces New Sets of AI-Powered Avatars, Conveys Human Emotions Through User Text Inputs -
6
US Chamber of Commerce Sues FTC, Cites Economic Implications on Banning Noncompete Agreements -
7
With The Rise of Remote Work, Is Co-Working Right For Me?