Ukraine

“We will not subsidise Gazprom!”

Published on 17 June 2014 at 12:02

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”.

Tags

Was this article useful? If so we are delighted!

It is freely available because we believe that the right to free and independent information is essential for democracy. But this right is not guaranteed forever, and independence comes at a cost. We need your support in order to continue publishing independent, multilingual news for all Europeans.

Discover our subscription offers and their exclusive benefits and become a member of our community now!

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

Support independent European journalism

European democracy needs independent media. Join our community!

On the same topic