Contents tagged with gas import

  • Russian Energy Minister: No more Russian-Ukrainian-EU format gas talks planned until the end of the year

    There will be no trilateral gas talks in the Ukraine- Russia- EU format for the supply and transit of Russian gas until the end of the year.

    This was announced on Saturday by the Minister of Energy of the Russian Federation, Alexander Novak, as Interfax reports.

    The resumption of Russian gas supplies to Ukraine, which stopped in the fall of 2015, now depends only on Naftogaz’s prepayment.

    "If the money is paid, the supply will resume. We have no dispute over the price, they have no debt. No …

  • Kyiv estimates Russia lost $5 billion in attempts to block Ukraine’s gas imports

    Russian Gazprom tried to block Ukrainian gas imports from Europe and spent billions of dollars on these unsuccessful attempts, according to Yuriy Vitrenko, the Managing Director for Business Development at the national joint-stock company Naftogaz of Ukraine.

    "We buy gas from the largest European gas companies. A lot of them produce gas themselves. Many also buy gas from other producing companies, including from Gazprom, which prevented us from buying gas in Europe. According to current …

  • Russia initiated gas talks with the EU and Ukraine

    Russia fears that Ukraine will not have enough stored gas for winter and so initiated trilateral consultations with the participation of an EU representative.

    This was announced by the head of the Russian Ministry of Energy, Alexander Novak.

    “We have been instructed to conduct appropriate negotiations and consultations in the near future. We are now negotiating the date of European Commission Vice President Mr. Maroš Šefčovič’s arrival in Russia. We are going to discuss issues concerning a …

  • Ukraine increases imports of European gas

    On the 23rd of July, Ukraine increased daily imports of gas from Europe to 27.957 million cubic meters compared to 22.243 million cubic meters the day before, PJSC Ukrtransgaz reported. The import from Slovakia alone accounted for 22.084 million cubic meters. According to Eustream, the request for gas imports on the 24th-25th of July also makes 22.1 million cubic meters per day. The import from Poland amounts to 3.61 million cubic meters while imports from Hungary make 2.263 million cubic …

  • EU to fund pipeline to help Finland reduce its dependence on Russian energy

    The European Union will provide €187.5 million for the construction of a gas pipeline which will allow Finland to reduce its dependence on Russian energy, Deutsche Welle reported.

    On Friday, July 15, EU member states excepted the proposal of the European Commission to finance the construction of the pipeline, which will connect Estonia and Finland. This was reported on the website of the European Commission. The pipeline, which will begin operating in 2020, aims to reduce Finland's dependence …

  • Belarus does not recognize debt to Gazprom

    Interfax reported that the Head of the Ministry of Energy of Belarus, Vladimir Potupchik, told journalists in Mogilev before the Foreign Affairs Council meeting of the Union State that Belarus does not recognize its debt to Russia for natural gas supplied to the Republic.

    “There is no debt. Belarus pays in accordance with the intergovernmental agreements. There in court we will deal with this issue,” Potupchik said.

    He noted that Russia and Belarus interpret gas agreements differently. “ …

  • Russian Energy Minister: Ukraine's discount on gas expired on March 31st

    The Russian Minister of Energy, Alexander Novak, reported that the discount on gas given to Ukraine expired in late March, as posted on the website of the Ministry of Energy. It was noted that the amount of the discount during the first quarter of 2016 was $17.77. The final price of gas for Ukraine totaled $212 per thousand cubic meters.

    “As of the 1st of April 2016, the price of gas for Ukraine will be fully in line with a valid contract between Gazprom and Naftogaz of Ukraine,” according to …

  • Ukraine Increases Gas Imports from Europe By 24 Percent

    The spokesman of Ukrtransgaz Company, Maxim Belyavsky wrote on his Facebook page that Ukraine increased its daily volume of gas imports through Slovakia and Hungaryby 24% to 36%. This marks an increase of about 3 million cubic meters.

    “On the 16th of January, Ukraine imported 36.3 million cubic meters from Europe. Of that amount, 34.9 million cubic meters were imported through the Slovak gas corridor,” Belyavsky wrote.

    The spokesman of Ukrtransgaz Company noted that the previous day, 29.3 …