“Show me the money!”
The Financial Times reports:
- Gazprom will only supply Ukraine with gas that has been paid for in advance from the start of June
- Alexander Novak, Russia’s energy minister, said the state-controlled enterprise would move to a system of pre-payment for supplies to Ukraine from next month, bringing the simmering gas dispute between the countries a step closer to crisis
- Oleksandr Todiichuk, deputy chairman of Ukraine’s state gas company Naftogaz, told the Financial Times on Thursday that the risk of the dispute leading to gas disruptions that could affect EU markets was “pretty high”
More at the Financial Times (gated, but can be read with a free registration) : Moscow ups stakes in Ukraine ‘gas war’
