USD 80.5268

-0.16

EUR 93.3684

-1.09

Brent 66.42

-0.27

Natural gas 2.801

-0.01

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No Harm To Europe: Russia

Russia will ensure gas supplies to European customers despite an unsettled dispute

No Harm To Europe: Russia

Russia will ensure gas supplies to European customers despite an unsettled dispute with neighboring Ukraine, Russian Foreign Minister Sergei Lavrov stated on Tuesday.

"The negotiations are proceeding primarily between the two countries' companies. But I'm convinced that the tradition, a very good tradition, that neither Gazprom nor Russia has ever disregarded its obligations to European consumers, will not be broken," Lavrov said in Moscow.

The Russian assurance came a day after the two countries failed to reach an agreement on gas prices during talks held here between their prime ministers.

The Ukraine currently buys Russian gas at a discounted price of 50 U.S. dollars per 1,000 cubic meters, but Russia has demanded an end to the preferential prices and offered cash payments for gas transit.


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