- Sep 26, 2000
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http://news.yahoo.com/s/ap/20051227/ap_...24cA;_ylu=X3oDMTA3MXN1bHE0BHNlYwN0bWE-
Russia Denies Compromise With Ukraine
Russia on Tuesday denied reports that it was ready to compromise on demands that Ukraine pay four times as much for Russian gas, a dispute that threatens to cut off about a third of the gas that Ukraine relies on for heat and industry.
The denial, made by Russian energy minister Viktor Khristenko, came hours after Ukraine's energy minister claimed that a compromise had been reached in the politically charged dispute. Ukraine's relations with the Kremlin have been stiff since Ukrainian President Viktor Yushchenko came to power in January on a platform of moving Ukraine into closer integration with the West.
President Vladimir Putin and Yushchenko spoke by telephone Tuesday evening about the brewing crisis, Yushchenko's office said. Ukraine's energy minister is to come to Moscow on Wednesday for talks, the president's office said.
About a third of Ukraine's natural gas comes from Russia and Ukrainian officials say jacking the price up from the current $50 per 1,000 cubic meters could cripple Ukraine's energy-intensive heavy industry and impede the country's efforts to boost its economy. Russia's state-controlled Gazprom gas monopoly argues that Ukraine should pay $220-$230, more in line with world prices and portrays the demand as putting the gas sphere in line with market-economy demands.
In the United States, natural gas futures traded near $11 per 1,000 cubic feet Tuesday on the New York Mercantile Exchange.
Let me get this straight. In the US the price is $11.00 per 1,000 cuibc feet and the Russkies want to chage $220 to $230 per 1,000 cubic feet? Is this a misprint?
Russia Denies Compromise With Ukraine
Russia on Tuesday denied reports that it was ready to compromise on demands that Ukraine pay four times as much for Russian gas, a dispute that threatens to cut off about a third of the gas that Ukraine relies on for heat and industry.
The denial, made by Russian energy minister Viktor Khristenko, came hours after Ukraine's energy minister claimed that a compromise had been reached in the politically charged dispute. Ukraine's relations with the Kremlin have been stiff since Ukrainian President Viktor Yushchenko came to power in January on a platform of moving Ukraine into closer integration with the West.
President Vladimir Putin and Yushchenko spoke by telephone Tuesday evening about the brewing crisis, Yushchenko's office said. Ukraine's energy minister is to come to Moscow on Wednesday for talks, the president's office said.
About a third of Ukraine's natural gas comes from Russia and Ukrainian officials say jacking the price up from the current $50 per 1,000 cubic meters could cripple Ukraine's energy-intensive heavy industry and impede the country's efforts to boost its economy. Russia's state-controlled Gazprom gas monopoly argues that Ukraine should pay $220-$230, more in line with world prices and portrays the demand as putting the gas sphere in line with market-economy demands.
In the United States, natural gas futures traded near $11 per 1,000 cubic feet Tuesday on the New York Mercantile Exchange.
Let me get this straight. In the US the price is $11.00 per 1,000 cuibc feet and the Russkies want to chage $220 to $230 per 1,000 cubic feet? Is this a misprint?
.. I think they need to work something out, because ukraine does supply a lot of natural gas, steel and coal to russians 
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