Wednesday, October 8, 2014

Gazprom Plays Hardball as EU Support for Ukraine Falters - Russia Insider

Gazprom refused to soften its position in the latest round of trilateral talks between the EU, Gazprom and Ukraine to resolve the gas dispute.

Instead Gazprom just stuck to the offer it made back in June.

The offer remains $385 per 1,000 cubic meters for 6 months. This is the same price it offered to go down to in June when Ukraine rejected it. Technically the offer is a discount of $100 per 1,000 cubic meters. The contractual price remains $485 per 1,000 cubic meters. At the end of the 6 month period the $100 per 1,000 cubic meters discount ends and the price reverts to the full contractual price of $485 per 1,000 cubic meters.

What has changed since June is that the EU now seems to be backing Gazprom’s offer.

Under the deal proposed Ukraine in return for the discount must pay down its debt to Gazprom by at least $2 billion by no later than October and by $3.1 billion by the end of the year. This in addition to its prepayments at the discounted price of $385 per 1,000 cubic meters for gas actually received.

Complete story at - Gazprom Plays Hardball as EU Support for Ukraine Falters - Russia Insider

CC Photo Google Image Search Source is www lngworldnews com  Subject is Myanmar China Gas Pipeline Officially Inaugurated

No comments:

Post a Comment

All comments subject to moderation.

Recommended Reading via Amazon

If you're seeking more information about how the world really works, and not how the media would want you to believe it works, these books are a good start. These are all highly recommended.

If you don't see pictures above, you likely have an adblocker running.  If so, here are the links.

1. The Shock Doctrine - Naomi Klein
2. Confessions of an Economic Hit Man - John Perkins
3. Manufacturing Consent - Edward Herman, Noam Chomsky
4. Gladio - NATO's Dagger at the Heart of Europe - Richard Cottrell
5. Profit Over People - Noam Chomsky
6. Soviet Fates and Lost Alternatives - Stephen Cohen
7. The Divide - American Injustice in the Age of the Wealth Gap - Matt Taibbi

How this works.  Follow one of the links.  Should you decide to buy that item, or any item, I get a small percentage, which helps to maintain this site.  Your cost is the same, whether you buy from my link or not.  But if the item remains in the cart too long, I don't get a thing.  
Related Posts Plugin for WordPress, Blogger...