Russia to Give Ukraine Month to Start Paying for Gas, Putin Says
Russia will demand Ukraine pay in advance for natural-gas deliveries in a month unless its neighbor resumes payments, a move that may lead to disruptions in fuel supplies to Europe, President Vladimir Putin said.
Russia “is ready to wait for a month” after not receiving “a single ruble or dollar” from Ukraine for gas deliveries in March, Putin said today during an annual televised call-in show.
Putin urged Europe to provide aid to Ukraine to ensure uninterrupted gas deliveries to the region, without giving a deadline, according to a letter to 18 European heads of state last week. Gas export monopoly OAO Gazprom is supplying the fuel to Ukraine with little chance of receiving payments for more than $2.2 billion owed, Dmitry Peskov, Putin’s spokesman, said April 11.
“If there are no payments, we will move to prepayment terms, in line with our contract,” Putin said. “This is a very difficult measure, which could lead to disruptions in our shipments to Europeans.”