“We will not subsidise Gazprom!”

Published on 17 June 2014

Cover

Ukrainian Prime Minister Arseniy Yatsenyuk has condemned the 16 June decision by Russian energy giant Gazprom to suspend gas supplies to Ukraine, in the wake of Kiev’s refusal pay arrears and an estimate of its consumption for the month of June.
In response to a suit filed by Gazprom with the Arbitration Institute of the Stockholm Chamber of Commerce (SCC) to obtain arrears of €3.3bn, Ukrainian gas company Naftogaz has filed a complaint for “overbilling” for Russian gas since 2010 along with a request that the SCC determine a fair price.
“The European Commissioner for Energy, Günther Oettinger, has failed in his mission as arbitrator”, writes Den, “The trilateral talks in which he was acting as a mediator finally ran aground yesterday”, reports the newspaper. Now “Russia has ignored the ‘rescue plan’ proposed by Oettinger and turned off the tap”.

Interesting article?

It was made possible by Voxeurop’s community. High-quality reporting and translation comes at a cost. To continue producing independent journalism, we need your support.

Subscribe or Donate

Are you a news organisation, a business, an association or a foundation? Check out our bespoke editorial and translation services.

Support border-free European journalism

See our subscription offers, or donate to bolster our independence

On the same topic