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    FT: Stand-off over $2.2bn Ukraine gas bill

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Summary

Ukraine and Gazprom were locked in a tense stand-off over a $2.2bn gas bill which falls due on Monday morning, intensifying fears that Gazprom would cut off supplies.

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Press Notes

FT: Stand-off over $2.2bn Ukraine gas bill

Ukraine and Gazprom were locked in a tense stand-off over a $2.2bn gas bill which falls due on Monday morning, intensifying fears that the Russian energy giant would cut off supplies.

As the deadline for payment loomed, the two sides remained far apart over outstanding debts and a new pricing regime, with no fresh negotiations over the weekend.  MORE