Don't miss

Replay


LATEST SHOWS

EYE ON AFRICA

Robert Mugabe resigns, celebrations erupt in the streets of Harare

Read more

MEDIAWATCH

Zimbabwe's end of an era

Read more

FOCUS

Video: An uncertain fate for US's transgender soldiers

Read more

THE DEBATE

Enslaved in Libya:

Read more

ENCORE!

Seal on his new album 'Standards' and why he doesn't like texting

Read more

IN THE PAPERS

'The End of German Stability'

Read more

IN THE PAPERS

'Bad news for Merkel is bad news for Europe'

Read more

EYE ON AFRICA

Zimbabwean MPs set to start impeachment proceedings against Mugabe

Read more

BUSINESS DAILY

US government sues to block AT&T-Time Warner merger

Read more

Business Europe

Kiev promises to pay its debt to Gazprom

Text by AFP

Latest update : 2008-11-24

Ukraine's state gas company Naftogaz moved to reassure its Russian counterpart Gazprom that it would honour its debt following a new threat to cut gas supplies. In 2006, Gazprom had stopped supplying Ukraine over a similar dispute.

Ukraine on Monday vowed to pay off a debt for gas to Russia following threats by the Russian energy giant Gazprom to halt deliveries, the government said.
  
Ukraine's state gas company Naftogaz "will honour its debt to Gazprom", said the firm's chief Oleg Dubina in a meeting with Prime Minister Yulia Tymoshenko, the government's press service said.
  
"We will go to Moscow to find ways to solve this problem. I think that these questions will be resolved," he added.
  
Gazprom warned on Saturday it would cut off gas deliveries to Ukraine on January 1 unless a new contract is signed, in a move that would risk a repeat of 2006's interruptions to gas supplies to Europe.

Date created : 2008-11-24

COMMENT(S)