Support The Moscow Times!

Ukraine Accused of Fraud

Ukraine is using a "fraudulent scheme" to carry out reverse shipments of Russian gas from the European market, Gazprom CEO Alexei Miller said late Saturday, further raising tensions in a price dispute with Kiev.

"There are no de facto and physical reverse supplies planned, but what is planned is to use Gazprom's gas through some virtual reverse," the monopoly's head told Rossia-24 state-run television. "This is reminiscent of some fraudulent schemes, and one needs to deal with it."

Spokespeople for Ukraine's deputy prime minister on energy issues, Yury Boiko, and Fuel Minister Eduard Stavitsky were not available for comment on Sunday.

Miller said the scheme was enforced using technical manipulations at gas-measuring stations.

Reiterating Gazprom's position, he said buying gas from Europe at spot prices would not be economically viable for Ukraine, which currently buys Russian gas at a fixed price of $430 per 1,000 cubic meters.

(Reuters)

… we have a small favor to ask.

As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just 2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

Continue

Read more