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    RT: Ukraine must ensure gas transit to Europe - EU energy chief

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Summary

Russian-EU gas talks have progressed, but no solution was reached Friday over Russia and Ukraine’s gas standoff.

by: Sruthi

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Press Notes

RT: Ukraine must ensure gas transit to Europe - EU energy chief

Russian-EU gas talks have progressed, but no solution was reached Friday over Russia and Ukraine’s gas standoff. Moscow says their $100 gas discount to Kiev stands, and the EU doesn’t want gas negotiations to be used to escalate the Ukraine crisis.

The gas situation is ‘critical’ Russia’s Energy Minister Aleksandr Novak said after meeting with EU energy chief Gunther Oettinger in Moscow on Friday. The minister expressed concern about Ukraine’s preparations for the winter months as gas supplies dwindle, and warned Kiev might siphon off Europe-bound deliveries.

Russia said the will resume gas deliveries to Ukraine if they pay $1.45 billion of their gas debt, Aleksey Miller, CEO of Gazprom, said. Naftogaz, Ukraine's national oil and gas company, has a total debt of $5.3 billion.

Russia again offered Kiev a $100 gas price discount, bringing the total price down to $385 per 1,000 cubic meters, a lower price it charges any of its European customers. However, before Gazprom can offer the discount, Kiev has to begin repaying their debt.
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