Ukrainian energy company Naftogaz has announced the suspension of gas payments to Russia until the conclusion of price talks between Kiev and Moscow.
“We see no reason to revise the price. We consider the price at around $500 as non-market, unjustified and unacceptable. Accordingly, we have suspended payments for the period of the price negotiations,” Naftogaz chief executive Andriy Kobolev told the Zerkalo Nedely weekly on Saturday.
The remarks came less than two weeks after Russia’s gas giant Gazprom increased gas price for Ukrainian consumers to USD 485 per 1,000 cubic meters from USD 268 for the first quarter of 2014.
Earlier this week, Gazprom also said Ukraine has not paid off any of its USD 2.2-billion debt to the Russian energy supplier despite an April 7 deadline to start reducing its debt.
Meanwhile, in a letter to 18 European countries, Russian President Vladimir Putin warned that Gazprom could be forced to completely or partially cease natural gas deliveries if Kiev fails to pay its debt to Moscow.
Russia provides about half of Ukraine’s and 30 percent of Europe’s total gas demand with key pipelines on the Ukrainian territory.
Ukrainian officials say Moscow has increased the gas price for Kiev for political reasons in a crisis over Crimea’s reunion with Russia last month.
Ukraine’s Crimean territory declared independence from the former Soviet state and formally applied to become part of the Russian Federation following a referendum on March 16, in which nearly 97 percent of the participants voted for rejoining Russia, with a turnout of over 83 percent.
On March 21, Putin signed into law documents that officially made the Black Sea peninsula part of the Russian territory despite condemnation from the West and the new Ukrainian government.
The move sparked angry reactions from the United States and the European Union, both imposing sanctions against a number of Russian officials and authorities in Crimea.
SSM/AB
Source Article from http://www.presstv.ir/detail/2014/04/12/358268/ukraine-stops-gas-payments-to-russia/
Views: 0