Miller said this week's annulment of the so-called Kharkiv accords, which gave Ukraine cut-price Russian gas until 2017 in exchange for access to the Crimea's port facilities, means that Kiev should pay the sum total of this discount back.
"The sum of the discount granted in the time that the Kharkiv accords were valid was USD 11.4 billion. That is the sum that the Russian government, the Russian budget did not receive," Miller told Russian television.
"Russia was paying for the Black Sea Fleet in Ukraine... towards prolonging the agreement. That is, Russia was paying an advance. Therefore, the USD 11.4 billion is a debt that Ukraine has accrued to Russia," he said.
Tensions between Moscow and Kiev have been running high since Russia annexed Crimea last month in defiance of the international community after pro-European demonstrators ousted Ukraine's pro-Kremlin leaders.
Gazprom is also seeking immediate payment for all recent gas deliveries to Ukraine, valued at over USD 2.2 billion.
Moscow has repeatedly shown readiness to use gas as a lever in conflicts with Ukraine, which remains dependent on imports from its resource-rich former Soviet master to keep the country running.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
