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Vladimir Putin’s declaration to foreign leaders on Ukrainian gas crisis

Published time: May 15, 2014 16:00
Vladimir Putin.(RIA Novosti / NIkolskiy Alexey)

Vladimir Putin.(RIA Novosti / NIkolskiy Alexey)

Vladimir Putin addressed foreign leaders in a declaration urging the EU to do more to help resolve the Ukrainian gas debt and support the economy of the crisis-hit state.

Dear Colleagues,

In early April we suggested immediate consultations in order to work out a coordinated approach to stabilize the Ukrainian economy and ensure stable deliveries and transit of Russian natural gas in accordance with contractual terms.

Over a month has passed. Consultations with the representatives of a number of non-EU countries have taken place in Moscow, in which our partners told us they completely shared our concerns over the situation with Ukrainian payments for gas deliveries from the Russian Federation, and risks arising from insufficient amounts of gas being kept in Ukrainian underground storage.

As regards EU countries, we have only had one meeting in Warsaw with a delegation led by European Commissioner for Energy Günther Oettinger, attended also by Ukrainian representative Yuri Prodan. Unfortunately, we have to say that we have not received any specific proposals from our partners about how to correct the situation with the Ukrainian buying company, so that it can meet its contractual obligations and ensure reliable transit.

Moreover, the situation with payments for Russian gas has only worsened over this period of time. Gazprom has not received a single payment for gas supplied to Ukraine, and the total debt has grown from $2.237 billion to $3.508 billion.

And this despite the fact that Ukraine is in receipt of the first tranche of the IMF loan, a sum totaling $3.2 billion.
Given the circumstances, the Russian company has issued an advance invoice for gas deliveries to Ukraine, which is completely in accordance with the contract, and after June 1 gas deliveries will be limited to the amount prepaid by the Ukrainian company.

I would like to emphasize once again that we were forced to make this decision. The Russian Federation is still open to continue consultations and work together with European countries in order to normalize the situation. We also hope that the European Commission will engage in the dialogue more actively in order to work out specific and fair solutions that will help steady the Ukrainian economy.

Comments (23)

 

jean gabbin 02.06.2014 08:19

Nothing to be proud of:

The Katyn massacre (Polish: zbrodnia katyńska, mord katyński, 'Katyń crime'; Russian: Катынский расстрел Katynskij ra'sstrel 'Katyn shooting'), was a series of mass executions of Polish nationals.
The massacre was prompted by NKVD chief Lavrentiy Beria's proposal to execute all captive members of the Polish Officer Corps, dated 5 March 1940, approved by the Soviet Politburo, including its leader, Joseph Stalin. The number of victims is estimated at about 22,000

 

jean gabbin 02.06.2014 08:17

Nothing to be proud of:

Khatyn, Chatyń (Belarusian and Russian: Хаты́нь, pronounced [xɐˈtɨnʲ]) was a village in Belarus, in Lahoysk Raion, Minsk Region. On March 22, 1943, the entire population of the village was massacred by the 118th Schutzmannschaft Nazi battalion.

 

Aron3911 29.05.2014 03:37

Energy is a very strong card these days. You can not cook potatoes without it. US soldiers dying for it in the middle East. And definitely Russia should not subsidize their gas any longer for Bandera's followers. Maybe US that is so concerns about Ukrainian people will put some money on the table. And it will cost them almost nothing since printing press is running anyway.

View all comments (23)
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