Ukraine Ready to Pay Russia $4 bln by End of May for Gas

Ukraine is ready to pay Russia $4 bln for gas supplies by the end of May, Deputy Energy Minister Ihor Didenko said on Thursday, adding that Kyiv used $268.5 per 1,000 cubic meters as the base price to calculate the sum.
"The Ukrainian side has clearly said that if the price of $268.5 is fixed, then Naftogaz is ready to pay before the end of May a sum of around $4 billion,'' Didenko told a news conference.

He also said Ukraine planned to import from Russia 3.4 billion cubic meters of gas in May. Russia is currently asking Ukraine to pay $485 per 1,000 cubic meters of gas. 
[voanews.com]
15/5/14
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• Ukraine unable to pay for gas supplies even with discount (Energy minister, Alexander Novak)

Russia does not see that Ukraine has any possibilities to pay for natural gas supplies even if discount provided due to the economically complicated situation in the country. Russia’s Energy Minister Alexander Novak stated this on Thursday.
He added that the Russian side does not have any guarantees that Ukraine would be able to pay for gas supplies with any discount.
“We do not have guarantees that even if a price of $100 will be set, these bills would be paid by the Ukrainian side. What we see today is a complete insolvency,” the minister noted.
Earlier, parliament-appointed Minister of Fuel and Energy of Ukraine Yuriy Prodan stated that Ukraine was ready to pay the debt for supplied Russian gas “within 10 days, if Russia goes back to the price of $268.5 for 1,000 cu. m”.
Ukraine is ready to pay about $4 billion of debt for Russian gas until the end of May in case if the price is set at $268.5  for 1,000 cu. m, Deputy Minister of Fuel and Energy of Ukraine Ihor Didenko said........[itar-tass.com]