Russia 'Might Demand USD 11 B from Ukraine,' Says Medvedev

Russia might take Ukraine to court after Kiev violated the 2010 Kharkiv Pact, says Russian Prime Minister Dmitriy Medvedev.

In a speech at the Russian Parliament, Medvedev said the losses could be recuperated "out of Ukraine's budget", as he was quoted by Russian website Lenta.ru.

He asserted, however, that such a measure, though possible, is not yet to be taken.

The Kharkiv agreements, sealed in April 2010, extended Russia's lease on naval facilities in Crimea until 2042, and in return Moscow announced gas discounts for Kiev, reducing the price for 1000 cubic meters of gas from USD 400 to USD 100.

Earlier in March, Russia announced it was scrapping the existing price regime with Ukraine due to lack of payment from Kiev and to the political situation after the ousting of president Viktor Yanukovych on February 22.

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