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The Ukrainian government has pledged to ensure the country’s companies settle their outstanding debts to Gazprom by November 1
The Ukrainian government has pledged to ensure the country’s companies settle their outstanding debts to the Russian gas monopoly Gazprom, totaling 1.3 billion dollars, by November 1, the Russian gas holding company said in a news release after the talks Gazprom CEO Alexei Miller held with visiting Ukrainian Fuel and Energy Minister, Yuri Boiko, in Moscow on Wednesday. “At the meeting it was agreed that Ukraine’s current government will assume full control of the solution of this problem with the aim to ensure the debt be settled by November 1 this year,” the press-service said. As follows from Gazprom’s news release, “the two men discussed a wide range of issues of strategic cooperation in the oil and gas sphere.” Specifically, the considered issues involving the outstanding debts of Ukrainian economic entities for gas supplied to them in 2007. Gazprom on Tuesday came out with a warning it might reduce gas deliveries to Ukraine, if consumers failed to settle the 1.3-billion-dollar debt, accrued in January-September, by the end of October. An official spokesman for Gazprom, Sergei Kupriyanov, has pointed out that all gas debtors were Ukrainian economic entities, and not the country’ s state budget. Gas from Russia is delivered to Ukraine along the chain RosUkrEnergo – UkrGazEnergo – Ukrainian consumers and Naftogaz Ukrainy. The RosUkrEnergo press-secretary, Andrei Knutov, has acknowledged that the debt emerged as a result of overdue payments by the joint venture UkrGazEnergo. Russia this year has been selling gas to Ukraine at 130 dollars per 1,000 cubic meters.
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