#AceFinanceNews – MOSCOW – April 19 – If Kiev does not settle its gas debts with Moscow within a month, Gazprom will be forced to switch to a system of advance payments, President Putin has said, adding that the measure has nothing to do with May’s upcoming presidential election in Ukraine, RIA Novosti reports.
“Moscow is willing to tolerate” the continuing absence of payments for another month, Putin said during a live Q&A session on Thursday, adding that this is stipulated in the existing contracts.
“We don’t mix economics with the political process in Ukraine,” the President continued. “We were simply awaiting the receipt on April 7 of the money owed for the March for gas in March… this was $525 million. Not a cent… by the way, it was being transported at the lowest price, with all possible discounts.”