....this may cool the situation down ( if not now then definitely by the first week of next winter )...
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Gazprom to Cancel Gas Discount for Ukraine
Source: RIA Novosti
GORKI, March 4 (RIA Novosti) – The head of Russia’s state energy giant Gazprom said Tuesday that it will annul its discount on natural gas sales to Ukraine from April, a move that will further stretch Kiev’s teetering finances.
Alexei Miller, who made the announcement while meeting with Prime Minister Dmitry Medvedev outside Moscow, motivated the decision by pointing out that Ukraine is $1.55 billion in arrears on payments for natural gas deliveries.
“The decision that you have taken about canceling subsidies on deliveries seem, in these conditions, perfectly fair,” Medvedev said.
Ukraine’s national oil and gas company Naftogaz Ukrainy had as of February 14 paid Gazprom $1.28 billion for gas delivered last year and had asked to postpone payment of what remained until April 15.
Gazprom said in early February that Ukrainian debt for 2013 deliveries stood at $2.63 billion, meaning that Naftogaz had around $1.35 billion still to pay at the middle of the month.
Read more:
http://en.ria.ru/world/20140304/188083296/Gazprom-to-Cancel-Gas-Discount-for-Ukraine.html
Putin says Gazprom could cut off gas to Ukraine but it would not be due to political factors but because Ukraine hasn’t paid off its debt and isn’t paying for current deliveries:
The government of Russia gave the first tranche of credit, at first stage $3 billion. The Ukraine side promises to pay off debt that accumulated over the past year-and-a-half and to pay the current fees for gas. The debt has not been paid off, and the current fees for gas are not being paid... If they don’t pay for February it will be almost $2 billion that they haven’t paid... It’s just the commercial activity of Gazprom … If they don’t get money on time from Ukrainian partners, then they act according to their own programme, it’s a big problem … It’s not related to political events .... Of course Gazprom will tell them: ‘Guys, this won’t work.’
7 minutes ago here on Guardian live updates :
http://www.theguardian.com/world/2014/mar/04/ukraine-crisis-shots-fired-crimea-airbase
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...and a cooling definitely looks necessary because that last Guardian link does not reference good news as it reports some shots have been fired during a confrontation btwn Ukrainian troops and their opposites...if time permits interested parties should look thru the whole thing, though a warning, the report is long, and ever lengthening...but it does have a great deal of related news....
Cheers