Contents tagged with EU

  • Russian gas deliveries to Europe drop by 20 percent

    Gazprom started 2020 by significantly reducing its gas deliveries to Europe. During the first eight days of January, Russian gas exports dropped by 20%, writes Kommersant, citing statistics from gas operators.

    Transit through Ukraine has dropped by nearly two thirds, from 262 to 91 million cubic meters per day. On January 7, Gazprom supplied only half the average volume stipulated by its transit contract with Ukraine (180 million cubic meters), even though it will still have to pay for the …

  • Ukrainian power grid to become part of European energy system in 2023

    Ukrainian Prime Minister Oleksiy Honcharuk said on the Segodnya TV program that the Ukrainian power grid might become part of the European energy system in 2023.

    "The necessary documents have already been signed. We need to work on this task. We hope that the unification of Ukrainian and European grids will happen already in 2023. This will enable us, including our nuclear generation, even to export electricity, and gain profits. In fact, the problem of export from Belarus is greatly …

  • Ukraine starts gas transit to EU under new contract with Russia

    New Ukrainian national gas transit company, Operator of Gas Transit System of Ukraine (GTS), announced the beginning of the transit of Russian gas to the European Union under a new contract with Gazprom. The first cubic meters of gas have already been transported to the EU, reads the company's message on Facebook.

    The head of the company Sergey Makogon, in turn, said that the GTS has started working on a regular schedule and transports gas under the signed agreements. "We have proved that we …

  • Russians will need approval of Finnish Defense Ministry to buy property in Finland

    Finland has obliged citizens who do not live in EU countries to request permission from the Finnish Defense Ministry to the purchase of the real estate in the country. The measure, which would go into effect from January 1, also applies to Russian citizens, reports the YLE news agency.

    The Defense Ministry will check whether the buyers present a threat to the country’s security. Thus, purchases of  properties located near airfields, radars, and warehouses of food reserves are likely to be …

  • Russia hopes for EU assistance with Nord Stream 2 gas pipeline

    Russian Deputy Prime Minister Dmitry Kozak said that Moscow hopes that with the support of its European partners, it will be able to settle the situation around the Nord Stream 2 gas pipeline from Russia to Germany. Earlier, the construction of the gas pipeline was suspended due to US sanctions against contractors. "We are confident that in cooperation with European countries and the European Union, we will solve this problem and find a compromise," said Kozak on December 25, as quoted by …

  • EU calls Russian railway line to Crimea ‘yet another violation of Ukraine’s sovereignty

    The European Union considers the opening of railway traffic across the Crimean Bridge from Russia to annexed Crimea “yet another violation of the sovereignty and territorial integrity of Ukraine by Russia,” said EU Spokesperson for Foreign Affairs Peter Stano, DW reports.

    According to him, Russia has taken yet another step towards “the forced integration of the illegally annexed peninsula” and made a new attempt to “isolate Crimea from Ukraine, of which it is a part”.

    Stano also drew …

  • EU: Ukraine meets requirements for transporting gas to Europe

    The Secretariat of the Energy Community of the EU and neighboring countries has confirmed that the newly established operator, Ukraine’s gas transport system (GTS), has been separated from Naftogaz in accordance with the requirements of European legislation.

    The secretariat said in a statement that the decision was based on a bill passed by Ukraine’s Verkhovna Rada which unbundled the GTS from the national company Naftogaz of Ukraine. The bill was passed and si ned by the president in mid …

  • EU extends sanctions against Russia for another six months

    The Council of the European Union extended economic sanctions against particular sectors of the Russian economy for another six months. The sanctions will be in effect until July 31, 2020. The decision was made after French President Emmanuel Macron and German Chancellor Angela Merkel on December 12 informed the European Council on the progress in implementing the Minsk agreements by Russia, to which the extension of sanctions is related.

    “Given that the Minsk agreements are not fully …

  • Ukrainian President calls on EU to maintain sanctions against Russia

    Ukrainian President Volodymyr Zelensky, in a telephone conversation with the President of the European Council Charles Michel, said that he hopes that the sanctions against Russia will be extended, reports the press service of the Ukrainian President.

    "I expect that the leaders of the EU Member States will maintain unity in support of the sovereignty and territorial integrity of Ukraine, as well as in the continuation of sanctions against the Russian Federation until full implementation of the …

  • Europe prepares for gas war between Russia and Ukraine

    Countries in the EU have been buying increased quantities of gas for commercial and strategic reservoirs, filling all the available underground gas storage almost to the brim, in light of growing risks that the current gas war between Russia and Ukraine will escalate this winter.

    In just over 3 weeks time, the current contract for the transit of Russian gas through Ukraine will expire. To this day, despite Russia’s annexation of Crimea and the war in the Donbas, nearly half of the gas supplied …