Seeking Alpha: Will Ukraine be singing the Gazprom song?
It’s January, so that means that the Ukrainians are probably not singing the Gazprom Song right now. Instead, they are engaged in their annual gas price battle with the Russian company. Ukraine wants a lower price, but Gazprom says no. OK, says Ukraine, if you won’t lower the price, we’ll take half the agreed to quantity. No to that too, says Gazprom: you have a take or pay deal that obligates you to take at least 80% of 52 bcm. The parties are due to meet for decisive negotiations on Sunday. But one cannot rule out another gas war. Read more here.