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Ukraine says it won't accept Russia's gas price hike

4 years ago9 views



Ukraine says it does not accept Russia’s gas price hike as tensions simmer between the two neighbors.

Ukrainian officials say they're in talks with Russia over reducing the gas price. They say Kiev will go to the arbitration court if the negotiations fail. A few days ago, Russian gas supplier Gazprom said it was increasing prices of gas exports to Ukraine by more than a third. It also said that it would scrap a previous discount. Gazprom says Ukraine owes it one-point-seven billion dollars in unpaid gas bills. Tensions heightened between Kiev and Moscow after Crimea separated from Ukraine and integrated into Russia following a referendum.

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