Contents tagged with Gazprom
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Ukraine begins search for Gazprom’s assets in Europe
Ukrainian Foreign Minister Pavlo Klimkin has instructed the ambassadors in European countries to look for Gazprom’s assets in preparation for the collection of the Russian company’s debt to Naftogaz.
“If Russia does not comply, we will go to the courts – we will go to New York, we will go to London, we will go to all countries. I have already given our ambassadors the instruction to look for Gazprom’s assets throughout Europe. They keep accurate record of everything there,” Klimkin told the …
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Ukraine's Naftogaz refuses to terminate transit agreement with Gazprom
Naftogaz of Ukraine received notice of plans from Russia’s Gazprom to appeal to Stockholm’s arbitration tribunal regarding contracts for the supply and transit of gas. The company considers Gazprom’s proposals unacceptable, said commercial director of Naftogaz Yuriy Vitrenko, as reported by channel 112 Ukraine. He added that there are no grounds for dissolving the gas transit agreement in Kyiv.
The Ukrainian top manager said that the gas contracts stipulate the procedure for cancelling them. …
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European Commission offers to mediate negotiations between Naftogaz and Gazprom
European Commission (EC) Vice-President for Energy Union Maroš Šefčovič noted that the European Commission is ready to mediate to help settle the gas dispute between Ukraine and Russia. This was mentioned in a statement released on the EC website.
It was specifically noted that Šefčovič had contacted Ukrainian and Russian authorities for telephone-based discussions. Šefčovič spoke with Ukrainian Prime Minister Volodymyr Groysman, Naftogaz CEO Andriy Kobolyev, and Russian Energy Minister …
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Ukraine received 26.5 mln cubic meters of gas from Europe since the beginning of March
During the first four days of March, Ukraine received 26.5 million cubic meters of natural gas from European Union countries, as announced by the Ukrainian Ministry of Energy and Coal Industry.
The Ministry specified that 17 million cubic metres was obtained from Slovakia, 7 million cubic meters from Hungary, and 2.5 million cubic meters from Poland.
As reported, on March 2nd, the National Joint-Stock company, Naftogaz of Ukraine and the Polish company, PGNiG signed a contract for the urgent …
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Head of Ukraine's Naftogaz believes termination of Gazprom’s contract was Kremlin’s decision
Naftogaz CEO Andriy Kobolyev expressed the opinion that Gazprom’s decision to terminate its contracts with the Ukrainian company originated in the Kremlin.
“The decision to refuse to perform the contract was not made by Gazprom. I believe that it was made in the Kremlin,” Kobolyev said in an interview with The Wall Street Journal.
According to Kobolyev, Russia reduced the pressure on the gas pipeline for transit to Europe by 20%. The pressure deficiency forced Ukraine to use electric power to …
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Ukraine and Russia are ready for a dialogue with the European Commission on the gas transit issue
Ukraine and Russia have prepared for close, consistent communication regarding gas transit issues, RIA Novosti reports, quoting a representative of the European Commission. "Ukraine and Russia have confirmed their readiness to remain in close contact with the European Commission," the source said.
According to him, the Vice President of the European Commission for Energy Union, Maroš Šefčovič was informed of Gazprom's intention to terminate contracts with Naftogaz. He also added that all …
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Gazprom not able to suspend gas transit through Ukraine yet
Despite its statement about the termination of all contracts with Ukraine, Gazprom will not suspend gas transit through Ukraine in the near future, according to a statement made by Gazprom’s Spokesperson, Sergey Kupriyanov, reports RBC news agency.
“If it was any other way, we would say that openly,” said Kupriyanov when asked if the beginning of the Gazprom-Naftogaz contract termination procedure at the Arbitration Institute of the Stockholm Chamber of Commerce (SCC) would bring an immediate …
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Ukraine starts buying gas from Polish PGNiG
Ukrainian Naftogaz and the Polish company PGNiG signed a contract for the supply of gas to Ukraine in March 2018, as reported by the press service of the Ukrainian company.
Supplies began on the morning of March 2nd via the Hermanowice node. During this month, according to the terms of the agreement, the Polish company will supply Ukraine with more than 60 million cubic meters of gas.
At the same time, PGNiG head, Piotr Wozniak, indicated their readiness to increase the volume of supplies or …
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Russia's Gazprom decided to terminate contracts with Ukraine's Naftogaz after the defeat in Stockholm Arbitration court
Russian Gazprom announced the beginning of the process to terminate contracts with Naftogaz, as reported by the head of Gazprom, Alexey Miller, Russian RNS news agency writes.
"Gazprom is forced to immediately terminate contracts with Naftogaz of Ukraine for the supply and transit of gas as a result of the Stockholm Arbitration," Miller said.
According to him, the arbitration decision on the contracts between Naftogaz and Gazprom violated the balance of interests between the parties and the …
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Ukraine warns the EU about the 'refusal of Russia's Gazprom to fulfill the gas transit contract'
Ukraine officially warned the European Union that Russia is not adhering to its obligations regarding the transit of gas, and also refuses to comply with the decision of the Stockholm Arbitration Court, as stated by Deputy Foreign Minister of Ukraine, Olena Zerkal on her Facebook page.
According to Zerkal, Gazprom’s current failure to fulfill its contractual obligations and the refusal to implement the decision of the Stockholm Arbitration Court are an emergent threat to the transit of gas to …