Install

Get the latest updates as we post them — right on your browser

. Last Updated: 07/27/2016

Gazprom Stands Tough

Kiev () -- Russia's RAO Gazprom is demanding payment guarantees for gas imported by Ukrainian commercial firms, a Ukrainian gas official said Monday, casting doubt on Kiev's push to reduce the state's role in energy supplies.


Ukraine introduced a new scheme for importing Russian gas this year, authorizing a handful of private companies to replace the sate monopoly on gas imports. In previous years, Russia periodically cut off gas supplies after Ukrainian consumers failed to pay bills.