GAZPROM WANTS $1.7 B
Ukraine received 3.529 billion cubic meters of Russian gas in May boosting the amount of unpaid supplies to 9.839 billion cubic meters, Gazprom's representative Sergei Kupriyanov said in a news conference on June 3, a day after Kiev and Moscow agreed to continue gas pumping and drop plans to go to court, Prime has said.
"As of today Ukraine has not paid for 9.839 billion cubic meters of Russian gas," Kupriyanov said. He said that the gas exports have hit a seasonal record worth U.S. $1.7 billion. The companies now are to consult with their governments a gas supply price of U.S. $350-380 per 1,000 cubic meters, a medium price between $268.5 and $485 Kiev used to pay. Gazprom CEO Alexei Miller said that the next meeting will depend on how Ukraine repays its debt for the supplies in November and December at a price of $385 as well as payments for April and May gas at $500.
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BLOOMBERG - Treasury Secretary Steven Mnuchin told a Texas judge that Exxon Mobil Corp. doesn’t have a right to see privileged documents related to a $2 million fine assessed against the energy company for violating sanctions related to Russia’s 2014 invasion of Ukraine.
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REUTERS - Brent crude futures LCOc1 were down 75 cents, or 1 percent, at $78.11 a barrel by 0308 GMT, having fallen as low as $77.60. U.S. crude CLc1 was down 55 cents, or 0.7 percent, at $73.56.