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NATO Suspends Cooperation With Russia in Response to Cost of Gas Hikes
Posted on 4/1/14 at 4:07 pm
Posted on 4/1/14 at 4:07 pm
LINK
quote:
NATO announced a suspension of "all practical civilian and military cooperation" with Russia on Tuesday, condemning the country's "illegal" intervention in Ukraine as Moscow turned the financial screws on Kiev by hiking the cost of gas.
quote:
State-controlled natural gas giant Gazprom said the company had set the price at $385.50 per 1,000 cubic meters for the second quarter, and withdrew December's discount that put the price of gas at $268.50 per 1,000 cubic meters, according to the company's Chief Executive Officer Alexei Miller.
quote:
Miller said Tuesday that the decision to charge a higher price in the second quarter was made because Ukraine has failed to pay off its debt for past supplies, which now stands at $1.7 billion.
3
Posted on 4/1/14 at 4:10 pm to LSUGrrrl
I guess they need to pay their debt.
Posted on 4/2/14 at 1:33 pm to LSUGrrrl
quote:
Miller said Tuesday that the decision to charge a higher price in the second quarter was made because Ukraine has failed to pay off its debt for past supplies, which now stands at $1.7 billion.
So going one dollar over $1.7 billion in debt was the last straw and they had to raise their prices………yeah that seems reasonable. Guess it won’t matter after Russia invades the rest of the country, should be any day now.
Posted on 4/2/14 at 2:43 pm to LSUGrrrl
Ukraine should tell Gazprom that the unpaid money was Crimea's portion of Ukraine's purchases, and that they should collect from the Crimeans. Russia annexed Crimea, and that includes the assumption of Crimea's debts.
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