Moscow is ready to restart negotiations on gas price with Ukraine once Kiev starts repaying its debt amounting to U.S. $3.5 billion, Prime Minister Dmitry Medvedev said on May 14, Prime has reported.
Iran's agreements with Russian and Ukrainian firms to develop four oil fields have been halted until further notice, Trend reported on May 13.
Ukrainian Prime Minister Arseny Yatsenyuk has said his country is ready to join the pan-European energy union which Polish Prime Minister Donald Tusk suggested setting up recently.
Russian gas giant Gazprom has presented Ukraine with a provisional invoice for gas supplies in June proceeding from daily delivery of 114 million cubic metres, Gazprom spokesman Sergei Kupriyanov told reporters on May 13, ITAR-TASS has said.
Germany's biggest utility E.ON says the current political crisis in Ukraine puts Russian gas supplies at risk, ITAR-TASS reported on May 13.
Ukraine will be able to use the EU’s financial assistance to pay off its debt for Russian gas, a spokesman for the European Commission on economic and monetary affairs said on May 13, RIA Novosti has reported.
Russia on May 12 reiterated its threat to stop supplying Ukraine with natural gas if Kiev does not pay in advance for June deliveries, and said further talks on the issue were also contingent on payment, Reuters has said.
Russian energy giant Gazprom has vowed to fulfill its contract obligations despite Russia’s standoff with Ukraine, Russian Deputy Energy Minister Anatoly Yanovsky said at a RIA Novosti press conference on May 12.
The European Commission has said a new date of the Russia-Ukraine-EU meeting will be announced shortly, ITAR-TASS said on May 12.
Vladimir Putin’s incursion into Ukraine and the international condemnation that followed haven’t put a dent in Russia’s exports of gas and raw materials, Bloomberg reported on May 10.