UKRAINE - Russia offers delay on gas hike

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Saturday, 31 December

2005, 13:42 GMT

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Russia

offers delay on gas hike

 

 

 

 

 

 

Russian President Vladimir Putin has offered to delay a gas price hike

for Ukraine by three months in a compromise to end an increasingly bitter

dispute.

If Kiev signs up to the deal

by the end of Saturday, the current price of $50 per 1,000 cubic metres will

remain until April, when it will rise to $230.

Ukraine says the proposed quadrupling of its gas

bill is unacceptable.

If no agreement is reached, Russian gas supplier Gazprom plans

to turn off the supply at 0700 GMT on Sunday.

 

Mr Putin made his offer at a meeting of his powerful Security

Council attended by Gazprom head Alexei Miller.

" I instruct the government and Gazprom to ensure gas

deliveries in the first quarter of 2006 with the conditions and rates of

2005, on the condition that before the end of today the Ukrainian partners

sign the contract with Gazprom's offer for switching to market prices in the

second quarter, " he said in remarks broadcast by Russian TV.

There was no immediate Ukrainian reaction.

 

 

 

 

 

 

 

 

 

http://news.bbc.co.uk/1/hi/world/europe/4571726.stm

 

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Jorge Angelino

 

 

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