ukraine reports norway gas deal to counter russian cut
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

Ukraine reports Norway gas deal to counter Russian cut

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice Ukraine reports Norway gas deal to counter Russian cut

The entrance of the headquarters of Norwegian partially
Kiev - AFP

Ukraine said on Friday it had struck a gas deliveries deal with Norway's energy giant Statoil aimed at helping it avert the consequences of a months-long cut in Russian supplies.
The announcement represented a continuing drive by Kiev's new pro-Western leaders to tie their economic future to Europe and sever a decades-old dependence on the Kremlin that many Ukrainians feel has shackled their political rights.
But it also threatens to infuriate Moscow and complicate Statoil's effort to become one of the first global majors to access the potentially enormous wealth of untapped Arctic energy fields.
It signed a broad Arctic agreement with Russia's oil powerhouse Rosneft -- now the target of EU and US sanctions that are meant to punish the Kremlin for its actions in Ukraine -- in 2012.
The Norwegian deliveries deal's sensitivity was underscored when both Ukraine's state energy holding Naftogaz and Statoil refused to disclose the volumes or price of gas in the contract.
"The agreement marks a significant breakthrough for Naftogaz," chief executive Andriy Kobolev said in a statement.
"We are committed to integrating Ukraine fully into the EU energy market and working with the European Commission and other key actors to do so."
Russia nearly doubled Ukraine's gas price a few weeks after the February ouster in Kiev of a Kremlin-backed president who had earlier rejected a historic EU trade and political association pact.
The Russian state gas giant Gazprom cut deliveries to its western neighbour in mid-June after Kiev refused to pay the higher rate and all European mediation efforts failed.
A new round of EU-mediated talks between Moscow and Kiev failed to resolve the dispute last week and another meeting is still under discussion.
- Russia warns Europe -
Gazprom last year supplied Ukraine with 25.8 billion cubic metres of gas -- about half its needs.
Ukraine has tried to make up some of this year's shortage by boosting purchases from its western neighbours.
But Russia warned last week that it may be forced to interrupt European supplies because of a handful of nations' decision to re-export gas to Ukraine in breach of their Gazprom contracts.
EU officials said the long-term Gazprom agreements allowed the gas to be shipped freely to any interested client.
But Hungary immediately halted its limited shipments to Ukraine -- a decision Gazprom rewarded by boosting the former Soviet satellite's gas supplies.
Slovakia refused to bow to the pressure and continued providing Ukraine with the largest quantity of gas provided by any of its western neighbours.
Bratislava reported a 50-percent cut in Russian supplies on Wednesday.
But Gazprom later said its volumes to Slovakia had remained stable and suggested that Bratislava was referring to the Russian firm's failure to meet its request for additional supplies.
Statoil extracts its own gas from the North Sea and would not be in violation of any Russian agreements -- even if it were acting against the Kremlin's stated interests.
- Ukraine seeks EU help -
EU attempts to mediate an end to the latest Russian-Ukrainian gas war broke up in Berlin last Friday with an agreement for the three sides to meet again at the end of this week.
But its energy commissioner on Thursday mysteriously cancelled preliminary talks with visiting Ukrainian Energy Minister Yuriy Prodan.
Russia's energy ministry later said it had been informed by the Europeans that new three-way discussions that Moscow and Kiev expected to take place on Friday would need to be postponed.
EU Energy Commissioner Gunther Oettinger never explained the apparent delay.
But Prodan had previously rebuffed his proposal for Ukraine to admit owing Gazprom $3.1 billion in old debts -- and to cover the sum by the end of the year -- in exchange for a six-month rebate on gas.
Prodan was quoted by Ukrainian media as saying in Brussels that Moscow and Kiev had agreed to "lay out their (new) positions" by Tuesday.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

ukraine reports norway gas deal to counter russian cut ukraine reports norway gas deal to counter russian cut

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

ukraine reports norway gas deal to counter russian cut ukraine reports norway gas deal to counter russian cut

 



GMT 10:18 2016 Wednesday ,23 March

cartoon seven

GMT 05:06 2024 Tuesday ,06 February

New hunt for flight MH370 gets under way

GMT 02:16 2017 Saturday ,07 October

Bespoke jewellery is the way to go

GMT 12:02 2017 Thursday ,07 December

Mayor London Sadiq Khan arrives in city

GMT 12:03 2011 Friday ,17 June

Broadcaster Gaunt loses appeal

GMT 10:58 2017 Wednesday ,15 February

Benfica sneak win as Aubameyang fluffs Dortmund's lines

GMT 09:09 2016 Thursday ,17 November

More than 50 dead in heavy Yemen fighting

GMT 08:39 2012 Saturday ,21 January

Biofuel breakthrough: kelp could power cars

GMT 04:15 2015 Sunday ,19 April

China to allow guide dogs on trains

GMT 06:31 2018 Friday ,05 January

Injured Andy Murray out of Australian Open

GMT 05:42 2017 Thursday ,16 November

Da Vinci painting sells for $450mn in NY

GMT 08:10 2015 Monday ,02 November

Manchester City seek statement win in Seville

GMT 15:54 2016 Saturday ,24 December

148 tourists visit Saint Catherine

GMT 04:57 2013 Friday ,20 December

Kids as young as 3 grasp multi-digit numbers

GMT 08:54 2011 Thursday ,29 September

Anzhi Makhachkala fire coach Gadzhiev

GMT 19:18 2012 Wednesday ,18 July

Smartphone network links lovers
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice