Russia ready to supply electric power to Ukraine but 'There is a question of price, a question of payments'

ITAR-TASS
Thu, 20 Nov 2014 18:31 UTC

© ITAR-TASS/Grigory Sysoyev

Russia ready to supply electric power to Ukraine
Ukraine is considering starting buying Russian electric power, but a final decision has not been made yet

Russia is ready to supply electric power to Ukraine, but payments for supplies are at question, Deputy Energy Minister Kirill Molodtsov told reporters on Thursday."There is a question of price, a question of payments. We are ready to supply gas, electric power and coal, if there is such necessity. The relationship between the sides is a point," he said.

Comment: Spoken like a good capitalist. Any intelligent businessman would be wary of selling to a customer with such a dodgy credit record.

Ukraine is considering starting buying Russian electric power, but a final decision has not been made yet, Energy and Coal Industry Minister Yury Prodan recently said.

Comment: Seriously? Who else can supply power in the amounts Ukraine requires and is willing to extend credit. The EU? The IMF? Both have already shown themselves unwilling to be drawn into the black hole that is Ukraine's debt situation without gaining something in return.

• The IMF vultures unlocks up to $18 bn for Ukraine's shattered economy

• Extortionist IMF pushing for Ukraine's voluntary suicide with its economic WMD, on behalf of western pathocrats

• Regime Change in Ukraine and the IMF's Bitter "Economic Medicine"

© Infographics by TASS

Gas agreement signed by Russia, Ukraine and the EU Gas agreement signed by Russia, Ukraine and the EU On October 31 Russia, Ukraine and the EU signed an agreement on gas supplies.