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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 2:20 pm to Vegas Eddie
Yeah. Putin is crafty. Raising the gas prices have nothing to do with the current situation. No way! No sir! Oh, and we ARE pulling back our troops. You just miscounted. You didn't see us move.
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.
Posted on 4/2/14 at 3:16 pm to Poodlebrain
quote:
assumption of Crimea's debts
Nice.
At least a proportion based on population.
Posted on 4/2/14 at 3:19 pm to LSUGrrrl
quote:
Raising the gas prices have nothing to do with the current situation. No way!
That said, the current situation could have been caused, at least in part, by the corrupt Ukrainian gov't mismanaging of their budget prompting the Russians to step in.
I can't say I'm in love with the government in Kyiv.
Posted on 4/2/14 at 3:20 pm to Poodlebrain
quote:
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
Not just this debt, but all Ukrainian debt owed to Russian. If a guy lends you $3 bucks but then bullys you out of your lunch money, I think you can call it even.
Posted on 4/2/14 at 3:21 pm to LSUGrrrl
quote:
Putin is crafty
Yep. I'd bet he hopes Ukraine shuts down the pipeline running thru eastern Ukraine down to Crimea. Will give him the excuse to cross the line.
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