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Russia threatens to cut off
Ukraine´s gas after talks fail

Agence France-Presse, by Staff

Original Article

Posted By:ElSid, 6/15/2014 10:07:00 PM

Russia threatened to cut off Ukraine´s gas later on Monday after the two sides failed to strike a deal that would have saved Europe from supply disruptions, stoking the worst East-West crisis since the Cold War. Ukraine hosted the last-gasp talks hoping to avoid an energy crisis compounding the new pro-Western leaders´ problems as they confront a two-month separatist insurgency threatening the very survival of their ex-Soviet state. But a top official from Russia´s state gas firm Gazprom said that the EU-brokered talks that stretched through the night had failed to bridge the two sides´ acrimonious disagreement over price and how much

Comments:
And, here we go. Now, in this game of "pong," we´ll see what Biden´s son gets done since he is working for an opposing gas company in the region. Or will 0bama suddenly find the billions needed to end this crisis, since we are treaty bound to assist the Ukraine?

      


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Reply 1 - Posted by: voxpopuli, 6/15/2014 10:11:57 PM     (No. 9887350)

well..
this SHOULD mean that EVERY demonrat, from congress to the local dog catcher, is thrown out this November and we go energy independent..
we´ll see..
only thing that could stop us is if the kenyan has a private army he´s been holding in check for the last few years..

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Reply 2 - Posted by: KTWO, 6/15/2014 10:35:01 PM     (No. 9887370)

Ukraine is holding out for a below market price for Russia´s natural gas like it used to get. Ukraine refuses to pay past due bills until then.

Russia has delayed any cut off a couple of times. I doubt they will again.

There is a price for both sides. Ukraine, an economic wreck, needs some gas now and will need much more for winter.

But going through with the cutoff will cost Russia several billion $$ immediately. Ouch!

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