ID :
90684
Fri, 11/20/2009 - 14:20
Auther :

Ukraine's Timoshenko pledges to timely pay for Russian gas.

YALTA, November 20 (Itar-Tass) -- Ukrainian Prime Minister Yulia
Timoshenko pledged on Thursday to timely pay for Russian gas and ensure its transit to Europe. She also thanked her Russian counterpart Vladimir Putin for meeting Ukrainian requests related to gas contracts in crisis conditions.

"Ukraine is paying and will timely pay, and we shall also very
accurately fulfill our obligations to transit Russian gas," she told a
meeting of the Russian-Ukrainian economic cooperation commission.
"I believe our governments have reached such a result that provided
stability to our countries in supplying natural gas to Ukraine and
Europe," she added.
"The fuel and energy sector of our cooperation is definitely a
priority. I am pleased to say that we have good victories, as we succeeded
to sign in 2009 a long-term contract up to 2019 on the delivery of Russian
gas to Ukraine and its transit through the Ukrainian territory to Europe.
It was a breakthrough in our relations in the gas sector," Timoshenko said.
"Today we and you are fulfilling the agreement," she told Putin. "It
is very important that you, as a strong country, are making advances to
Ukraine and the gas contracts are fulfilled with account of crisis
phenomena," she said.


.Putin wishes Ukraine will trigger no New Year gas crisis.

YALTA, November 20 (Itar-Tass) -- Russian Prime Minister Vladimir
Putin hopes Ukraine will trigger no New Year gas crisis again like it
happened in January 2009 and assured his Ukrainian counterpart Yulia
Timoshenko that Russia will fulfill all gas agreements.
"We hope all agreements will be fulfilled. On our part I guarantee
Russia will fulfil them. I wish you to see the New Year in without
shocks," he said on Thursday after a meeting of bilateral economic
cooperation commission.
"We made advances (to Ukraine) and corrected our agreements. As a
result, there shall be no problems with their implementation," Putin said.
Timoshenko admitted it was a difficult task for Ukraine to pay for
Russian gas in crisis conditions, but pledged to continue timely paying
for the fuel.
"Yes, it was difficult for Ukraine to timely pay each month, but
Ukraine did it despite the crisis," she said.
She thanked Putin and Gazprom for refusing to charge fines for
insufficient gas offtake.
"We treasure the step that the Russian government, Vladimir
Vladimirovich and Gazprom made and did not charge fines on Ukraine in
2009. It helped Ukraine balance its performance," Timoshenko said.
As for the possibility of a Russian loan to Naftogaz Ukrainy to pay
for gas, Finance Minister Alexey Kudrin made it clear the Ukrainian
company may contact any Russian bank for it, however a state loan is ruled
out.
"Naftogaz may ask any Russian bank for a loan. However a state credit
was not discussed," he told reporters.

.Russia to pay more for Ukrainian transit, charge no fines.

YALTA, November 20 (Itar-Tass) -- Russia will agree with Ukraine on
new gas volumes to be supplied in 2010, will pay more for the transit to
Europe and will drop the 20 percent gas price discount for Ukraine,
according to Prime Minister Vladimir Putin.
As for insufficient Ukrainian gas offtake in 2009, Russia will charge
no fines.
"Ukraine will raise the transit tariff as is envisaged by the contract
which we signed. Next year there will be no (gas price) discount and no
transit benefits. The transit tariff will rise some 60 percent. We know it
and there is nothing unusual in it. I repeat, it is in the framework of
the contract. There is nothing provocative in that," Putin told reporters
late on Thursday after a meeting with his Ukrainian counterpart Yulia
Timoshenko.
As for the insufficient gas offtake in 2009, "Gazprom has a direct
instruction - no fines shall be charged to Ukraine. I repeat, there will
be no fines," Putin said.
Putin said he and Timoshenko discussed for over two hours the whole
agenda of bilateral relations and "clarified positions or agreed on key
parameters."


.Russian foreign debt down in October.

MOSCOW, November 20 (Itar-Tass) -- Russian foreign debt decreased by
33.7 million dollars in October, according to finance ministry data.
It said on Thursday the debt comprised 38.0364 billion USA dollars or
25.6552 billion euros as for November 1, 2009.
The debt comprised 38.0701 billion dollars as for October 1, 2009.

.Russian carmaker to resume Korean KIA assembly.

IZHEVSK, November 20 (Itar-Tass) -- Russia's Izhavto carmaker, which
filed for bankruptcy in August, will resume assembly of Korean KIA cars
next year after it reached an agreement with the major creditor, Sberbank.
Izhavto's debt to Sverbank is close to eight billion rubles and the
carmaker stopped production in May and fired 2500 staff or 45 percent of
the workforce. Three months later Izhavto filed for bankruptcy, but
Sberbank filed a deliberate bankruptcy counterclaim.
Now Sberbank allowed to resume production to repay debts, a source at
Izhavto told Tass on Thursday quoting Korean partners.
The carmaker with an annual projected capacity of 220 thousand
vehicles is expected to resume Spectra and Sorrento cars assembly in
January 2010.
-0-nec

X