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Latest Russia–Ukraine gas disputes Stories

2008-07-29 09:01:08

Russian gas monopoly Gazprom has signed a series of agreements with the government of Turkmenistan relating to gas pricing, investments in the Turkmen natural gas industry and the establishment of a Gazprom representative office in the central Asian country. An agreement was also signed on the principles for the gas pricing structure of Turkmen gas, which will help fix a price based on the market principles within the framework of Gazprom's long-term contract for natural gas purchase from...

2008-07-27 12:00:39

By Amie Ferris-Rotman and Dmitry Zhdannikov Gazprom is working to turn its Western partners into a lobbying network to try to overcome the European Union's worries about its aggressive expansion plans. Companies working with Gazprom in its Siberian fields may be happy to oblige, analysts say, eager to strengthen their positions in Russia and in turn help the company, the world's largest gas producer, gain assets in Europe to achieve its dream of becoming a trillion-dollar company....

2008-07-26 12:00:49

The head of Russia's Gazprom gas monopoly, Aleksey Miller, who visited Kiev on 22 July, has proposed switching to gas price fixing based on a specific market formula under which Ukraine would be buying gas at 75-80 per cent of the price Poland pays, a business daily has reported. This means that Ukraine would have to pay 400 dollars for 1,000 cu. m. of gas in 2009. In response, Ukrainian Prime Minister Yuliya Tymoshenko has again suggested dropping the Swiss-registered gas intermediary...

2008-07-26 09:00:36

Ukraine has been pumping more Russian gas than scheduled into its underground storage facilities, fearing a possible price increase, a Ukrainian business daily has reported. In response, Russia's Gazprom has demanded that the Ukrainian fuel company Naftohaz Ukrayiny lower the intake to the contracted level and start drafting documents confirming the already delivered supplies. Meanwhile, Gazprom is said to have started storing more gas in European underground facilities to avert any breach of...

2008-07-23 21:00:38

KYIV. July 23 (Interfax) - Ukraine has pumped 8 billion cubic meters (bcm) of gas into storage facilities for use in the coming heating season and plans to bring the total up to 15 bcm, Prime Minister Yulia Tymoshenko said. "Given the agreement we reached yesterday, we can finish the year with 14.5 bcm-15 bcm, which will belong to [national oil and gas company] Naftogaz Ukrainy," she said at the opening of a Cabinet meeting on Wednesday. That inventories will make it possible to keep gas...

2008-07-22 09:01:04

Excerpt from report by private Ukrainian news agency UNIAN Kiev, 22 July: The head of [Russia's] Gazprom, Aleksey Miller, has invited Ukraine to discuss the possibility of concluding long- term gas supply contracts. Miller said this while greeting Prime Minister Yuliya Tymoshenko today in Kiev, where they are discussing the issue of gas supplies. The head of [state oil and gas company] Naftohaz Ukrayiny, Oleh Dubyna, is also taking part in the talks. "It is necessary to speak of the...

2008-07-17 06:00:41

In a world with growing international competition for supplies, Gazprom is reported to have agreed to gradually increase the price that it pays for Central Asian gas, in order to secure supplies from the region that may otherwise be exported to China and to Europe directly via the Nabucco pipeline. As a result, Ukraine may be forced to increase its import prices or risk supply disruption. In 2003, Russia signed an agreement with Turkmenistan for the supply of 70 to 90 billion cubic meters...

2008-07-10 00:00:24

MOSCOW. July 9 (Interfax) - Gazprom (RTS: GAZP) CEO Alexei Miller reached several important agreements with Libya on the purchase, refining and transportation of gas during a meeting with Libyan National Oil Corporation Chairman Shokri Mohamed Ghanem on Wednesday, the company's press service said. The two officials also agreed to set up a joint venture to modernize existing oil refining capacity and create new refining facilities. "The parties gave a positive assessment to the realization...

2008-07-09 09:00:54

Ukrainian company says it owes 897 mln USD to gas intermediary KIEV, July 8 (Xinhua) -- Ukraine's state oil and gas company Naftogaz said on Tuesday it owes the gas trade intermediary RosUkrEnergo, 50 percent owned by Russian energy firm Gazprom, 897 million U.S. dollars. "As of July 1 this year, the debt of Naftogaz to RosUkrEnergo did not exceed 897 million U.S. dollars Out of that total, 650 million U.S. dollars is debt for gas imports which the company acquired in June 2008,"...

2008-07-08 21:00:28

MOSCOW. July 8 (Interfax) - Gazprom (RTS: GAZP) forecasts that the price of gas in Europe could average at more than $500 per thousand cubic meters by the end of 2008, Alexei Miller, the Russian gas monopoly's chief executive, said at a meeting with Russian Prime Minister Vladimir Putin. "As regards gas prices, the situation for end consumers is unfolding fairly dramatically. By our forecasts, the average European price could reach more than $500 per thousand cubic meters by the end of...


Word of the Day
sough
  • A murmuring sound; a rushing or whistling sound, like that of the wind; a deep sigh.
  • A gentle breeze; a waft; a breath.
  • Any rumor that engages general attention.
  • A cant or whining mode of speaking, especially in preaching or praying; the chant or recitative characteristic of the old Presbyterians in Scotland.
  • To make a rushing, whistling, or sighing sound; emit a hollow murmur; murmur or sigh like the wind.
  • To breathe in or as in sleep.
  • To utter in a whining or monotonous tone.
According to the OED, from the 16th century, this word is 'almost exclusively Scots and northern dialect until adopted in general literary use in the 19th.'
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