EU, Ukraine contradict each other on gas supply talks

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EU Energy Commissioner Gunther Oettinger said on Monday that ‘substantial progress was made’ but ‘no breakthrough yet’ in the negotiations on gas supply between Ukraine and Russia. However, Ukraine’s state gas company, Naftogaz, said on Tuesday that no real progress was made with Russia’s Gazprom over its gas debt and on pricing.

‘Progress has been made between the Ukraine, Naftogaz and Russia Gazprom. We have not yet completed our discussions. Both parties have to discuss the issue with their ministers or presidents and with their members of the boards of Naftogaz and Gazprom and for this discussions the feedback concerning the further procedure that it is accepted, we have a fixed deadline until Friday night.’ said EU Energy Commissioner Günther Oettinger.

The following solution was proposed subject to confirmation by Russian and Ukrainian authorities and gas companies by Wednesday 28: “Naftogaz commits to pay an amount of 2 billion US-Dollars by Friday 30 May 2014 and 500 million US-Dollars by Saturday 7 June as partial payments of the outstanding bills covering the period from November 2013 till March 2014 as well as the months of April and May 2014. These amounts have to be paid to the Gazprom bank account. • Upon receipt of the first payment the consultation on the new gas price as of April 2014 shall start. Gazprom agrees to continue to supply gas for June without insisting on prepayment.” Subject to endorsement on these next steps a third round of political talks could take place on Friday 30 May 2014.

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