Ukraine must pay cash for gas: Russia
May 16, 2014 00:00:00
MOSCOW, May 15 (AP): Russia has ratcheted up pressure on Ukraine, with President Vladimir Putin saying in a letter released Thursday that it only will deliver gas to its struggling neighbor next month if it pays in advance.
Putin first warned of the move in April in a letter to European leaders whose nations are customers of Russian state-controlled Gazprom natural gas giant. He said that Moscow would switch to pre-paid deliveries if Ukraine, which serves as a major conduit for Russian gas supplies to Europe, failed to start settling its mounting gas debt.