Question Details
WIll Gazprom Halt Gas Shipments to Ukraine on June 3?
kruijs in
Politics
» Eastern Europe
Settled on 06/04/2014 11:00 Settled by
kruijs"Gas supplies to Ukraine have been reduced to zero," the BBC quoted Mr Prodan as saying.
Russia's state-owned gas giant Gazprom issued a statement saying at 10:00 Moscow time Gazprom switched Naftogaz of Ukraine to a prepayment of gas supplies.
It said the decision was "in full compliance with the effective contract."
http://www.newsroomamerica.com/story/427457/russia_turns_off_gas_supply_to_ukraine_.html
Predictions
Background
Russia threatened to stop supplying gas to Ukraine on June 3 unless the country starts paying for the fuel in advance.
Tomorrow, OAO Gazprom (GAZP) will send Ukraine a bill for June, Chief Executive Officer Alexey Miller said today at a meeting with Russian Prime Minister Dmitry Medvedev. If the bill isn’t paid by June 2 the neighboring country won’t receive any Russian gas from 10 a.m. the next morning, Miller said.
“It’s time to stop coddling them, notify them tomorrow and move to pre-payments,” Medvedev said during the meeting. “I think that all possible ways to settle this situation using other measures were undertaken by Gazprom.”
http://www.bloomberg.com/news/2014-05-12/gazprom-threatens-to-halt-gas-shipments-to-ukraine-on-june-3.html
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