Western Europe "Safe" in Escalating Russia-Ukraine Gas Dispute: Major Suppliers
Posted on: Tuesday, 3 January 2006, 09:00 CST
Western Europe "safe" in escalating Russia-Ukraine gas dispute: major suppliers
BRUSSELS, Jan. 2 (Xinhua) -- Gas supplies in Western Europe are not yet at threat due to the conflict between Russia and Ukraine, major gas suppliers Gaz de France and the German E.O.N. said on Monday.
The Russian state gas company Gazprom cut off the supply of gas to neighboring Ukraine on Sunday morning in a developing dispute over price.
Western Europe, which imports 25 percent of its gas needs from Gazprom, can obtain alternative gas supplies from Norway or the Netherlands, according to local newspaper Het Laatste Nieuws on Monday.
Belgian gas companies have ruled out fears of gas shortages in Belgium. Belgium imports its gas needs primarily from Norway, Algeria and the Netherlands.
However, several Central European countries reported a noticeable fall in pressure in gas pipelines coming from Eastern Europe on Monday. Countries such as Austria, Slovakia and Hungary reported reduced supplies amounting to almost one-third.
Gazprom accused Ukraine of stealing gas that was destined for the rest of Europe. It estimated that 100 million cubic meters of gas were stolen, amounting to 25 million euros (about 30 million US dollars).
Kiev denied the allegations, but said if the temperature drops markedly it will be forced to use European gas.
Source: Xinhua News Agency - CEIS
Related Articles
- Gazprom Threatens to Halt Gas to Ukraine
- Joint Venture Set Up to Supply Russian Gas to Ukraine
- Navigate the Oil & Gas Map of Western, Central & Eastern Europe 2006
- Putin Says Gas Deal Ensures Stable Supply to Europe
- Ukraine Says Russia's Gazprom "Lying" About Turkmen Gas
- Russian TV Shows Pipeline Control Room Cutting Gas to Ukraine
- Russia cuts off gas to Ukraine, Europe at risk
- Russia starts cutting off gas to Ukraine
- Gazprom says no Ukraine gas deal, to cut supplies
- Russian Gas Giant Rejects Gradual Price Rise of Gas to Ukraine
 |
 |
User Comments (1)
| 1. |
Posted by Mohinder on 06/09/2009, 12:22 dear sir, Although all the commodities like crude oil are rising heavily but natural gas prices are very low.Why you have lower the prices of natural gas altough it is a very clean fuel. If there is more supply of it then you can reduce the supply and increase the prices . Why are you getting huge losses in it and selling to richer countries. If you dont need money then you can donate it to poor countries. Whats the fun of having so much losses to you.Why are youreducing its value to graet extent. I hope you will understand it and will act soon. |
RSS Feeds