Ukraine

“We will not subsidise Gazprom!”

Published on 17 June 2014 at 12:02

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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”.

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