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European Firms try to minimise Russia sanctions

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European Firms try to minimise Russia sanctions

Post  Panda on Sat 26 Apr - 11:51


Alexander Medvedev, the No. 2 at Gazprom, said that his company had done everything possible to keep gas flowing to both Ukraine and Europe, but that the time of a financial reckoning was near, alluding to the $18.5 billion that he said Ukraine owed. How, he asked, can a publicly traded company like Gazprom keep contractual promises and make needed investments with such a cash shortfall from a slippery customer? Perhaps, he suggested, Ukraine’s Western friends would like to help meet these bills.

$18.5 billion !!!! Does Gazprom pay Ukraine for allowing the gas pipes underground to run to European Countries?
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