Russia, Ukraine, EU to resume gas talks on Monday

Posted by Joseph R. Fonseca
Sunday, June 08, 2014
Russia 's Energy minister Alexander Novak,


Moscow , Kiev and Brussels will restart Talks on Russian Gas Supplies on Monday to TRY to resolve a Dispute over price, a Russian Energy Ministry Official Said on Sunday.

"The next (Round) of Trilateral Negotiations Tomorrow Evening will Take place in Brussels , "a spokeswoman for the Energy Ministry Said.

Russia 's Energy minister Alexander Novak, his Ukrainian counterpart Yuri Prodan and the European Union 's Energy Commissioner Guenther Oettinger will Take Part in the Talks.

Russia 's Gazprom and Ukraine State Energy Company Naftogaz met for Two days in Berlin Last week to TRY to Settle Dispute which could threaten the Gas flows to Europe .

Ukraine and Russia Differ on How much Naftogaz has to Pay for the Gas. Kiev disagrees with Moscow 's Decision to Almost Double Gas Prices to $ 485 per 1,000 cubic meters starting from April 1, an Increase which came after Pro-Russian Ukrainian president Viktor Yanukovichfled following a popular uprising.

Ukraine has to Pay off its debts to Gazprom by Tuesday, June 10, orRussia has Threatened to cut off Gas Supplies to its neighbor, a Major Gas transit route to the European Union .

Speaking to Reporters after Talks with Ukraine 's President Petro Poroshenko Last week, President Vladimir Putin Said that Russia 's Gazprom and Naftogaz were "Close to Reaching Final Agreements" on price.

European Commissioner Oettinger has acted as mediator in the talks.

(Reporting By Vladimir Soldatkin, Writing by Alexei Anishchuk. Editing by Jane Merriman)

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