Ukraine-Russia gas row: No deal as talks to continue

gas worker The European Commission said a deal could take days

Related Stories

Resolving the disagreement between Ukraine and Russia over gas prices could take days, the European Commission has said.

"Maybe in next days, not tonight," EU energy commissioner Guenther Oettinger said, talking about a possible deal.

Russia had threatened to cut off gas supplies unless Ukraine paid its gas bill, which runs into billions of dollars, by Tuesday.

Talks between the two countries ended early on Tuesday without an agreement.

The EU, which is brokering the talks between the two countries, said they would resume again on Wednesday.

Russia pulled back from the Tuesday deadline after European Commission officials said negotiations would continue on Wednesday.

Pricing issue

Ukraine's Energy Minister Yuri Prodan said Tuesday's talks had stumbled over the price Russia would charge Ukraine in future.

"Unfortunately the Russian position regarding the price mechanism has changed," he said.

Russian Energy Minister Alexander Novak said he had proposed "a very constructive plan, which we believe all stakeholders could and should accept."

Ukraine wants to change the 2009 contract that locked Kiev into buying a set volume of gas, whether it needs it or not, at $485 per 1,000 cubic metres.

The price is the highest paid by any European country.

Almost 15% of gas used in Europe comes from Russia via Ukraine, and there are fears that if Ukraine's supplies are cut off it could impact supplies in Europe.

More on This Story

Related Stories

The BBC is not responsible for the content of external Internet sites

More Business stories

RSS

Features

From BBC Capital

Programmes

  • The Audi RS7Click Watch

    Tech news review of the week including a speed record for a self-driving car

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.