Bloomberg: Putin ... will keep up the pressure ()

01/06/2006 | ak1001

Russia-Ukraine Gas-Price Deal May Not End Pressure From Putin

Jan. 5 (Bloomberg) -- Ukraine's success in warding off demands from Russian President Vladimir Putin for a quadrupling of the price it pays for gas may only win it a temporary respite in pressure from its northern neighbor, analysts said.

Ukrainian President Viktor Yushchenko yesterday won a deal that means the former Soviet republic will pay Moscow-based OAO Gazprom, Russia's state-owned natural-gas company, an average $95 per 1,000 cubic meters for the fuel for five years, less than double the $50 it was previously charged.

``At first glance, Yushchenko looks like the winner, but Putin knows his options and will keep up the pressure,'' Wolfram Schrettl, an economics professor at Berlin's Free University, said in a telephone interview.


Copyleft (C) maidan.org.ua - 2000-2019. GNU Free Documentation License.
" ". E-mail: news@maidan.org.ua