Russia Rejects Ukraine’s Gas Deal; 2am Eastern Deadline Looms
by Tyler Durden
As suspected given the huge distance between the bid and offer, the EU-brokered Ukraine-Russia gas deal has failed:
*GAZPROM CEO MILLER LEAVES SITE OF UKRAINE GAS TALKS, SAYS TALKS ENDED, DEADLINE WON’T CHANGE
*RUSSIA REJECTED EU’S GAS PROPOSAL: OETTINGER; UKRAINE WAS READY TO ACCEPT EU PROPOSAL ($300-$385)
Gazprom seeks $1.95bn from Ukraine for past shipments of gas by the 10am Moscow time deadline (2amET) and will continue to seek upfront payments for any further shipments.