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1/5/09

Bloomberg.com: Russia, Ukraine Appeal to EU in Gas Delivery Dispute - by - by Stephen Bierman and Daryna Krasnolutska

For the complete report from Bloomberg.com click on this link

Russia, Ukraine Appeal to EU in Gas Delivery Dispute - by Stephen Bierman and Daryna Krasnolutska

Russia and Ukraine sought support from the European Union to resolve their deepening dispute over gas supplies on the fifth day of suspension of shipments to the former Soviet state as OAO Gazprom raised its price demands. Gazprom Chief Executive Officer Alexei Miller said the Russian exporter hopes an offer to deliver gas to Ukraine this month at $450 per 1,000 cubic meters, the average price in countries bordering Ukraine, excluding transport costs, would bring Ukraine back to talks. Ukraine says $201 would be fair.

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