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dipsydoodle

(42,239 posts) Sat Apr 5, 2014, 01:55 PM Apr 2014

Russia seeks over $11b in ‘debt’ from Ukraine: Gazprom. [View all]

Source: Gulf New / AFP

Moscow: Chairman of Russia’s Gazprom Alexei Miller on Saturday said that Ukraine must pay back the full discount it has been granted on Russian gas over the past four years, worth $11.4 billion (Dh41.8 billion).

Miller said this week’s annulment of the so-called Kharkiv accords, which gave Ukraine cut-price Russian gas until 2017 in exchange for access to the Crimea’s port facilities, means that Kiev should pay the sum total of this discount back.

“The sum of the discount granted in the time that the Kharkiv accords were valid was $11.4 billion (€8.32 billion). That is the sum that the Russian government, the Russian budget did not receive,” Miller told Russian television.

The discount was a de-facto advance payment by Moscow for the future lease on Black Sea Fleet’s facilities in the Crimean port of Sevastopol — annexed by Russia with the rest of the peninsula — and so must be paid back, he added.

Read more: http://gulfnews.com/business/economy/russia-seeks-over-11b-in-debt-from-ukraine-gazprom-1.1314737

36 replies

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Russia seeks over $11b in ‘debt’ from Ukraine: Gazprom. [View all] dipsydoodle Apr 2014 OP

Between this and IMF terms Cirque du So-What Apr 2014 #1

Their discount still had Ukraine paying more for gas than the EU. Here's a chart of what Ukraine okaawhatever Apr 2014 #2

Transit fee July 2012 was $3.11 per transit of 1,000 cubic meters of gas dipsydoodle Apr 2014 #4

Yes, but that is per 100 kilometers. You have to multiply the dollar amount by the travel distance okaawhatever Apr 2014 #6

Not to mention - if Russia can change the price of gas; why can't Ukraine change the karynnj Apr 2014 #17

Exactly.The problem is, that the Ukraine pipelines service Europe. So hurting those okaawhatever Apr 2014 #19

This is eye opening and shows how corrupt that contract was karynnj Apr 2014 #15

Ukraine has done that. They've attempted a few times, but last year they bought a bunch of gas okaawhatever Apr 2014 #20

Wow - can see comments that they need reform - are understatements karynnj Apr 2014 #21

Russia should pay more than that Duckhunter935 Apr 2014 #3

Those were not Ukrainian ships. former9thward Apr 2014 #9

So using that logic Duckhunter935 Apr 2014 #14

Yes they were. The Partition Treaty of 1997 divided up the assets. okaawhatever Apr 2014 #18

Thank you nt Duckhunter935 Apr 2014 #22

Putin broke the treaty!! Sunlei Apr 2014 #25

Are you saying that because Putin broke the treaty he shouldn't have to pay for the Ukrainian ships okaawhatever Apr 2014 #27

Putin owes Ukraine billions in the items he looted!! instead hes trying to scam Ukraine Sunlei Apr 2014 #30

Oh, absolutely agreed. nt okaawhatever Apr 2014 #32

perhaps Russia should get rid of Putin before he harms their crummy economy even more. Sunlei Apr 2014 #31

I think if Putin wants to complain christx30 Apr 2014 #29

Only if the US goes first. DeSwiss Apr 2014 #11

So...Russia gives Ukraine a deal on gas prices to pay for their leases TwilightGardener Apr 2014 #5

Oh no, better than that. They used the base for at least 3 of the 7 years the gas deal was good for. okaawhatever Apr 2014 #7

I've not seen anything to demonstrate these were part of the lease payment payments. dipsydoodle Apr 2014 #8

Going Forward Gasprom might have a case ... GeorgeGist Apr 2014 #33

Waitaminnit. Benton D Struckcheon Apr 2014 #10

It was gas. DeSwiss Apr 2014 #12

It was an analogy. Benton D Struckcheon Apr 2014 #16

Exactly. I was just looking up something about that deal and found a statement made by okaawhatever Apr 2014 #26

That's how it strikes me, too. And from this thread, it appears Ukrainians were given no incentive freshwest Apr 2014 #36

So, they retroactively owned the Crimea? karynnj Apr 2014 #13

Lets deduct that 11 billion "scam" from what russia embezzeled from Ukraine over the decades Sunlei Apr 2014 #23

the entire russian gazprom 'company' is only worth US$123.2 billion. what a cheat Putin is! Sunlei Apr 2014 #24

That's probably net worth : dipsydoodle Apr 2014 #34

Shouldn't be problem, the IMF has already loaned them the money. olddad56 Apr 2014 #28

Russia can deduct it from it owes Ukraine. SunSeeker Apr 2014 #35