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Putin: Ukrainian demands a dead end

International
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Russia's President Vladimir Putin chairs a meeting at the Novo-Ogaryovo state residence outside Moscow, June 11, 2014. Putin said on Wednesday that Ukraine is driving gas talks toward a "dead-end" by asking for further discounts, suggesting Russia's proposal to cut the current price of $485 per 1,000 cubic meters by $100 may be its final offer.

Novo-Ogaryovo, Russia - Russian President Vladimir Putin said on Wednesday that Ukraine is driving gas talks toward a “dead-end” by asking for further discounts, suggesting Russia's proposal to cut the current price of $485 per 1,000 cubic metres by $100 may be its final offer.

Putin also told Prime Minister Dmitry Medvedev to formalise a decision to scrap the export duty for Ukraine-bound gas, which would reduce the price Kiev pays to about $385 per 1,000 cubic metres. - Reuters

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