• Natural Gas News

    WSJ: Ukraine, Russia Fail to Reach Deal in Natural-Gas Talks

    old

Summary

Ukraine and Russia failed to reach a deal to end their long-running dispute over natural-gas prices during late-night talks Monday

by: Sruthi

Posted in:

Press Notes

WSJ: Ukraine, Russia Fail to Reach Deal in Natural-Gas Talks

Ukraine and Russia failed to reach a deal to end their long-running dispute over natural-gas prices during late-night talks Monday. The European Commission hosted the meeting in Brussels in hopes of averting a possible disruption of Russian gas supplies as early as this week and said the two sides agreed to meet again by Wednesday.

The marathon talks ended without a definite breakthrough at 3 a.m. on Tuesday, the deadline which Moscow had set Kiev to pay off its gas debts.

Russia said that failure to do so could result in disruptions of gas supplies to Ukraine, a move that could also hit supplies to some EU countries. The 28-country block gets more than one-third of its gas imports from Russia, almost half of which is sent via Ukraine.
MORE