Middle East Economic Survey

VOL. LII

No 22

1-Jun-2009

CASPIAN

Russia Warns Ukraine Over Winter Gas Storage Requirement

Russias President Dmitry Medvedev told reporters on 22 May that he is concerned over Ukraines ability to meet its 7 June deadline for its latest monthly gas bill payment to Gazprom. He also questioned Kievs ability to pay the required $4bn for 19.5bn cu ms of gas needed by Ukraine to replenish its underground storage facilities in time for winter. He urged the EU to guarantee a...