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    Novak: Russia Insists on Prepayment Guarantees for Gas Deliveries to Ukraine

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    Russia-Ukraine Gas Conflict (292)
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    Russia insists that Kiev present guarantees on its ability to prepay for gas deliveries to Ukraine in November, December 2014, Russian Energy Minister Alexander Novak said Tuesday.

    BRUSSELS, October 22 (RIA Novosti) - Russia insists that Kiev present guarantees on its ability to prepay for gas deliveries to Ukraine in November, December 2014, Russian Energy Minister Alexander Novak said Tuesday.

    “The EU, Ukraine has so far failed to provide prepayment guarantees for Russian gas deliveries in November, December,” Novak said following the trilateral gas talks between Russia, Ukraine and the European Union.

    In order to receive Russian gas in November, December 2014, Ukraine must prepay $1.6 billion, Alexander Novak added.

    “Ukraine must find 1.6 billion to prepay for November, December deliveries,” Novak said following the trilateral gas talks between Russia, Ukraine and the European Union.

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    Russia-Ukraine Gas Conflict (292)
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    gas talks, European Union, Alexander Novak
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