Monday, November 3, 2014

Thank You US Taxpayers: Russia-Ukraine Agree Terms On Gas-Supply Through March | Zero Hedge

Good news for the cold-showering, snow-covered Ukrainians... Russia has reached an interim agreement to supply natural gas to Ukraine through March according to Bloomberg. Of course, this will be paid for by more IMF loans (thank you US Taxpayer), pushing Ukraine further into debt and more dependent upon the West.

*RUSSIA CONFIRMS GAS SUPPLY RESUMPTION TERMS AGREED WITH UKRAINE
*GAZPROM, NAFTOGAZ CEOS SIGN AMENDMENT TO CONTRACT
*RUSSIA, UKRAINE, EU AGREEMENT TO COVER DELIVERY THROUGH MARCH
Terms...
*OETTINGER: RUSSIA TO CHARGE UKRAINE $385/KCM THROUGH MARCH
*UKRAINE READY TO IMMEDIATELY PAY $1.45B OF GAS DEBT: OETTINGER
*NAFTOGAZ TO PAY $1.6B AS 2ND GAS DEBT INSTALLMENT BY YEAR-END
Paid for by US taxpayers...
*UKRAINE TO USE EU, IMF AID TO PAY FOR RUSSIAN GAS: OETTINGER
As Bloomberg reports,
Ukraine and Russia reached an interim natural-gas supply deal in talks brokered by the European Union to secure flows before the heating season, a Russian Energy Ministry spokeswoman said.

The accord agreed by Russian Energy Minister Alexander Novak, his Ukrainian counterpart, Yuri Prodan, and EU Energy Commissioner Guenther Oettinger will enable resumption of deliveries of gas from Russia to Ukraine after they were halted in June in a pricing and debt conflict.
Complete story at - Thank You US Taxpayers: Russia-Ukraine Agree Terms On Gas-Supply Through March | Zero Hedge

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