Ukraine Makes No Headway on Russian Gas in Bid to Duck IMF Terms

Ukraine’s talks with Russia over cheaper natural-gas imports failed to make a breakthrough as it seeks to avoid the increases in household fuel costs needed to revive a $15.6 billion bailout.

Energy and Coal Minister Yuriy Boyko met the head of OAO Gazprom, Russia’s gas export monopoly, in Moscow today without reaching a deal, according to company statement. Negotiations will continue, Gazprom, the world’s largest gas producer, said.