Naftogaz Launched Two More Wells
The state gas production company Ukrgasdobycha, part of the Naftogaz of Ukraine group, launched two more wells, which increased production by 430,000 cubic meters of gas per day, said Oleksiy Chernyshov, head of the board of Naftogaz. “JSC Ukrgasvydobycha, which is part of the Naftogaz group, has launched two high-yield …
Naftogaz Suspends Gas Purchases from Gazprom Starting from 1 July Until Supply Conditions Are Agreed
Naftogaz suspends purchases of natural gas from Gazprom starting from July 1, given the expiration of the 2nd quarter terms package and the absence of agreed supply conditions for the upcoming periods. The delivery of Russian gas via Ukraine to Gazprom’s clients in the EU and Turkey will continue in …
Gazprom: Gaz Supply Meeting – Ukrainian 100usd Discount to End on March 31
A working meeting between Dmitry Medvedev, Russian Prime Minister and Alexey Miller, Chairman of the Gazprom Management Committee took place today. The meeting looked at the passing of the autumn-winter period. Alexey Miller reported that Gazprom had steadily supplied Russian and foreign consumers with gas in winter. Special attention was …
Gazprom and Ukraine in Dispute Over Gas Supplies and Payment
Kiev (AFP) – Russia’s state-owned gas giant Gazprom warned Tuesday it could cut off gas deliveries to Ukraine within two days, upping the stakes in the crisis there — and threatening supplies to the rest of Europe, The Gazprom announcement came hours ahead of a Paris meeting of the foreign …
Gazprom: Gas Sales To Ukraine and Beyond – Naftogaz Owes $5.3bn USD
The Board of Directors addressed the information about the state and prospects for the relationships between Gazprom and Ukrainian business entities in the gas sector. It was noted that Naftogaz of Ukraine’s gas debt to Gazprom amounted to some USD 5.3 billion. Owning to persistent non-payments, Naftogaz of Ukraine was …
Gazprom Q1 Results: Sales Up 7%
Today Gazprom issued its unaudited consolidated interim condensed financial information prepared in accordance with International Accounting Standard 34 “Interim Financial Reporting” (IAS 34) for the three months ended March 31, 2014 Net sales of gas increased by RUB 6,133 million, or 1%, to RUB 909,952 million in the three months …
Gazprom To Supply Ukraine Only With Prepaid Gas Volumes From Today
Today at 10:00 (Moscow time), in full compliance with the effective contract, Gazprom switched Naftogaz of Ukraine to a prepayment of gas supplies. The decision was made owning to persistent non-payments by Naftogaz of Ukraine. The overdue debt of the company for the supplied Russian gas equals USD 4.458 billion: USD 1.451 billion – for November and December 2013 and USD 3.007 billion for April and …
Russia Ups Ukraine Gas Pressure: Gazprom Tasked to Switch Ukraine to Gas Prepayment
A working meeting took place today among Dmitry Medvedev, Russian Prime Minister, Alexander Novak, Russian Energy Minister and Alexey Miller, Chairman of the Gazprom Management Committee. Alexey Miller informed Dmitry Medvedev that Ukraine’s total debt for Russian gas, including for the past year, totaled USD 3.508 billion. It was pointed out that Ukraine had made …