Sunday, January 25th4.8°C
24624
24285

Russia threatens it could ask Ukraine for advance payment for gas

MOSCOW - President Vladimir Putin has threatened that Russia's state-owned gas company could ask Ukraine to pay for gas in advance, according to Russian state news agencies.

In a meeting Wednesday with government ministers, Putin said that asking for advance payments "corresponded with the contract" between Ukraine and Russia, but asked that state energy giant Gazprom refrain from such drastic measures until "additional consultations" between both sides.

Russia has tightened the economic screws on Ukraine since its Russia-leaning president Viktor Yanukovych was ousted from power in February after months of street protests. Last week, Gazprom said it would be scrapping all discounts on gas to Ukraine, meaning a 70 per cent price hike that will add to Ukraine's $2.2 billion in gas arrears.

The Canadian Press


Read more Business News

23643


Recent Trending




Today's Market
S&P TSX14779.35+15.369
S&P CDNX678.18-0.79
DJIA17672.60-141.38
Nasdaq4757.879+7.481
S&P 5002051.82-11.33
CDN Dollar0.8032-0.0007
Gold1292.60-2.00
Oil46.35-2.34
Lumber311.50+6.50
Natural Gas2.986+0.132

 
Okanagan Companies
Pacific Safety0.115-0.005
Knighthawk0.010.00
QHR Technologies Inc1.38+0.06
Cantex0.035+0.005
Anavex Life Sciences0.1810.00
Metalex Ventures0.040.00
Russel Metals24.48+0.32
Copper Mountain Mining1.10-0.02
Colorado Resources0.155+0.005
ReliaBrand Inc0.006+0.001
Sunrise Resources Ltd0.055+0.03
Mission Ready Services0.22+0.02

 



23015

FEATURED Property
21824523262 McMahon Road
5 bedrooms 2 baths
$419,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


How to price: workbook approach

In 2008 Self Counsel Press published my book - Pricing Strategies for Small Business. The book is now available in Europe, India, Russia and the United States. The purpose of the book was to make avai...


Ailing Parents: Tax Issues

If your parent has become ill, there can be several tax issues that come into play depending on the nature of their illness, their age and the role that family members are playing. For example, if you...


What do I pay ICBC for anyway?

If you have had ongoing dealings with ICBC as a result of a car accident than you have likely had the pleasure of dealing with at least two sides of ICBC. Initially the relationship starts off pleasan...

_








Member of BC Press Council


24975