Russian president evaluated losses from gas discount to Ukraine at $10 billion
Russia failed to receive about $10 billion, because of gas discount offered by Gasprom to Ukraine, Russian President Vladimir Putin said at a press conference in the Italian Triest city.
Russian President added that despite Ukraine has saved almost $10 billion on this deal, it still owes Russia about $28 billion in form of credits to the Russian banks and debts for gas payment.
Putin made it clear that solving of the debt issue is not connected with Ukraine’s association with EU.
Asked if Russia offered Ukraine to revise the gas delivery contract in exchange for refusal of association with EY, Putin said that Gasprom’s contract with Ukraine will expire in 2015 and nobody is going to revise it. He reminded that the contract envisaged a discount of $100 per 1,000 cub.m.
“Since signing of the contract, Russia failed to receive over $10 billion, because of this discount,” he added.
Ukraine’s Neftegas company has repeatedly asked to introduce pre-payment for Russian gas transit to Europe and Gasprom has paid for the transit in advance up to January 2015. Neftegas owes $2.36 billion and the talks on solving the debt are in progress. Ukraine owes over $20 billion and about 280 billion rubles to the Russian state banks.
Russian President also said that Russia will continue working with Ukraine irrespective of the integration it is going to choose. He noted that Russia’s integration with the Ukrainian enterprises is at a high level and Russia is not interested in breaking it off.—0—
Economics
-
On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
-
Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
-
Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
-
Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
Leave a review