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Ukraine Refuses to Pay Gazprom Bill Print E-mail
by Tom McGregor    Mon, Apr 7, 2014, 09:41 PM

Despite the Ukraine government receiving over $10 billion US dollars in loans from the International Monetary Fund (IMF), Kiev refuses to make any payments to Russian natural gas exporter, Gazprom, to pay off its debts.

The BBC News reports that, "Ukraine has not paid off any of its debt to Gazprom despite a deadline for the nation to start reducing its debt by midnight (Moscow time) on Monday. A Gazprom spokesperson told Reuters: "There have been zero payments from Ukraine."

Ukraine is hoping President Barack Obama will rescue their government by having the US Armed Forces declare war on Russia. Accordingly, they could cease and desist from paying their debts to Gazprom.

According to the BBC News, "Ukraine owes Gazprom $2.2bn for supplies of natural gas. Gazprom did not said what action it would take if Ukraine failed to pay. The nation has missed previous deadlines without punishment. However, in recent years disputes over the price of gas have seen Gazprom cut off supplies to Ukraine."

Kiev believes that Obama rnewable energy resources can solve its domestic energy ills.

To read the entire article from the BBC News, link here:

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