Ukraine Gas Supplies in Doubt as Russia Seeks EU Payment Deal
Ukraine’s efforts to unblock deliveries of Russian gas as winter sets in were deadlocked on Thursday as Moscow’s negotiators were quoted demanding firmer commitments from the European Union to cover Kiev’s pre-payments for energy. EU-hosted talks were adjourned after running late into the night, Energy Minister Alexander Novak and the head …
Ukraine: Russia Looking For Gas Payment Within One Week
Ukraine should be able to find ways of paying for Russian gas supplies within a week, Russian Energy Minister Alexander Novak said on Wednesday, suggesting a standoff would end once Moscow received financial guarantees from Kiev reported Reuters. The latest round of gas talks between Moscow and Kiev ended late …
Ukrainian Rebels Granted Self Rule and Amnesty – Russia Looks to Build Up Troops in the Crimea
A shaky ceasefire has been in place in eastern Ukraine since 5 September. Ukraine’s parliament has granted self-rule to parts of eastern regions held by pro-Russian rebels, as well as an amnesty for the fighters themselves. The measures are in line with the 5 September ceasefire agreement signed by President …
Ukraine: EU Forms New Sanctions But Delays Their Start To Give Peace a Chance
European Union member states have formally adopted new sanctions on Russia over the Ukraine crisis. The new measures include restrictions on large Russian state-owned oil companies raising money on European financial markets reported the BBC. However, the new measures will come into effect “in the next few days”, not on …
“Permanent Truce” With Ukrainian Rebels
Ukraine’s President Petro Poroshenko says he has agreed with Russian President Vladimir Putin by phone on a “permanent ceasefire” with rebels. “Their conversation resulted in agreement on a permanent ceasefire in the Donbass region [the regions of Donetsk and Luhansk],” his office said. “They reached a mutual understanding on steps …
Putin Ups Organic Matter Sanction Games
Russian President Vladimir Putin on Wednesday ordered government agencies to ban the import of agricultural and food products from countries that have imposed sanctions due to the crisis in Ukraine. The retaliatory decree, signed by Putin and released by the Kremlin, said food, raw materials and agricultural products would be …
EU Expands Sanction List Against Russia, Ukraine
The European Union has added another eight people and three companies to the ‘blacklist’ against Russia and Ukraine, EU official journal said on Wednesday evening. The sanction list included first deputy head of Russian presidential staff Aleksey Gromov, Governor of Northern Sea Route Bank Board Arkady Rotenberg, largest shareholder of …
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 …
Alexey Miller and Yury Boiko hold working meeting
The Gazprom headquarters hosted today a working meeting between the Chairman of the Company’s Management Committee Alexey Miller and the Vice Prime Minister of Ukraine Yury Boiko. The parties discussed issues of mutual interest. Source