Contents tagged with Gazprom
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Gazprom offers Ukraine to extend gas contracts after 2019 without further consultations
The Ukrainian Minister of Foreign Affairs Pavlo Klimkin, after the completion of negotiations between Ukraine, the EU, and Russia in Brussels, stated that the Russian company Gazprom is ready to extend gas contracts after 2019 without even conducting expert consultations.
“Mr. Miller [ the Head of Gazprom] emphasized three times that they are ready to continue existing contracts. These contracts are probably a source of joy for them. At the same time, he said that these contracts could be …
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Naftogaz CEO: Gazprom’s assets seized in three countries
In an interview with the Ukrainian magazine Novoe Vremya, Naftogaz CEO Andriy Kobolyev discussed the progress that has been made in the implementation of the Stockholm Arbitration Institute’s ruling that awarded Naftogaz $2.56 billion.
“Gazprom has tens of billions of dollars in property abroad. We have already seized it to an amount which exceeds the amount of Gazprom’s debt to us,” UNIAN cites Kobolyev as saying.
Kobolyev explained that in the Netherlands, Switzerland and the UK, Gazprom’s …
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Kyiv: there will be no direct negotiations with Russia on gas transit
Naftogaz CEO Andriy Kobolyev announced that in 2019, the Ukrainian company would continue negotiations on the transit of Russian gas through Ukraine. He stressed that the format of the negotiations will remain trilateral and not directly with Gazprom.
"We rely on European law and Ukraine's interests and will start negotiations with Gazprom on further transit solely in the trilateral format with the participation of the European Commission,” Kobolev wrote on Facebook .
In late December, …
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Ukraine reduced gas imports by 25% in 2018
Ukraine imported 10.59 million cubic meters of gas in 2018. This is 24.6% or 3.46 billion cubic meters less than 2017 when gas supplies exceeded 14 billion cubic meters, according to the data of gas transmission company, Ukrtransgaz.
In 2018, gas was imported solely from Europe because gas supplies from Russia had been suspended since November 25, 2015 when Naftogaz found Russian Gazprom’s prices unreasonably high. In 2018 Ukraine imported 6.4 billion cubic meters of gas from Slovakia, 3.4 …
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Russia raises gas price for Armenia by 10%
From January 1, 2019, the price of Russian gas for Armenia will be raised to $165 per thousand cubic meters, the press service of Gazprom reported on Monday.
The new price is 10% higher than the price established by the agreement of April 2016.
“In accordance with the supplementary agreement signed to the contract between Gazprom Export LLC and Gazprom Armenia CJSC, determining the price of gas supplies to Armenia in 2019, the price of Russian gas will be $165 per one thousand cubic meters …
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Gazprom CEO: Nord Stream 2 will be operational by January 2020
Gazprom CEO Alexey Miller is convinced that the Nord Stream 2 pipeline will start supplying Europe with gas by January 1, 2020, Interfax reports.
“We are working according to the plans that were approved from the very beginning. The planned start for gas shipments is January 1, 2020,” Miller said.
Rosneft CEO Igor Sechin also said that he is prepared to work no matter how the situation develops with the US.
“We are working constantly under these circumstances. Our job is risk management,” …
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Head of Crimea wants to send seized Ukrainian oil rigs to Syria
In an interview with Radio Krym (Crimea), Russian head of Crimea Sergei Aksenov said that he is considering the possibility of sending to Syria the Chornomornaftogaz drilling rigs which were captured during the annexation of Crimea.
“Today’s economy presupposes that if there are proposals from major players, who have certain resource capabilities, that would allow us to increase the number of facilities where we can produce oil and gas, then, of course, there is a possibility of public-private …
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Two Russian billionaires decline invitation to meet with Putin
Two Russian billionaires were unable to go to the Kremlin to take part in President Vladimir Putin’s annual meeting with the country’s top businessmen.
Petr Aven, head of Alfa-Bank’s board of directors with an estimated $5.1 billion according to Forbes, and Yandex co-owner and CEO Arkady Volozh ($1.5 billion) declined to attend the meeting which took place on Wednesday, December 26.
“I’m just not in Moscow, I am very far from Moscow. There is no special reason,” Aven told TASS.
A source …
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Ukraine's Naftogaz is looking for assistance of US courts in dispute with Russian Gazprom
Naftogaz of Ukraine appealed to the courts of the Northern and Southern districts of Texas with claims against the American division of Gazprom Marketing & Trading (GM&T USA, subsidiary of the Gazprom group) and consulting company DeGolyer & MacNaughton (lead auditor of oil and gas refineries), Kommersant reported.
The newspaper reported that Naftogaz requested the court to oblige the respondents to provide information and access to documents that will allow the Ukrainian company to file a new …
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Ahead of negotiations on Turkish Stream Greece asks Russia for money
The Prime Minister of Greece, Alexis Tsipras stated in an interview with TASS news agency that Greece hopes that Russia will make strategic investments in its economy, including infrastructure, ports and energy.
According to him, he plans to request these large investments during an official visit with Russian President Vladimir Putin in Moscow, on December 7th.
The Greek economy, with a debt exceeding 150% of the GDP “has good opportunities of a strategic nature,” stressed Tsipras.
Tsipras …