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Kyiv demands seizure of Gazprom’s assets in Latvia
According to Gazprom's reports, Naftogaz of Ukraine filed a motion to the Latvian court to enforce the decision of the Arbitration Institute of the Stockholm Chamber of Commerce (SCC) in the case against the Russian gas giant Gazprom. The company is determined to recover $3 billion from the Russian gas giant.
According to Gazprom, the court hearing on this claim is scheduled for the end of April 2020. At the moment, the company is considering ways to protect its interests.
"On November 5, 2019 …
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Naftogaz director on Nord Stream 2: Germany facilitating economic strangulation of Ukraine
Naftogaz group executive director Yuriy Vitrenko believes that by participating in Russia’s Nord Stream 2 project, Germany is facilitating the economic strangulation of Ukraine and creating threats to the stability of the gas supply to Eastern Europe.
He explained his view to Deutsche Welle in an interview when asked whether Germany will be taking away Ukraine’s role as the primary transiter of Russian gas to Europe.
“It’s not taking over the role of primary transiter, it’s that there won’t …
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Head of Ukraine's defense conglomerate UkrOboronProm: Russia could be behind purchase of Ukrainian defense company Motor Sich
The deal through which Chinese investors came to hold more than 50% of the shares of the Ukrainian company Motor Sich is concerning with respect to the possibility of technologies leaking to China or even Russia, Aivaras Abromavicius told Economichna Pravda(Economic Truth) in an interview. Abromavicius has been appointed by Ukrainian President Volodymyr Zelensky as the director general of the state-owned defense conglomerate UkrOboronProm.
“I think that the state should control the company …
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Russia's Gazprom warns Ukraine that it will ‘shut off the gas pipe’ on January 1
Naftogaz executive director Yuriy Vitrenko said that the company has already received a warning from Gazprom that, without a new gas transit contract, it will stop supplying gas to Ukraine’s gas transportation system (GTS).
“In a letter which Gazprom sent to Naftogaz it is written in black and white that on January 1 at 10:00 Moscow time (09:00 Kyiv time) Gazprom will have no reason send gas to Ukraine,” Vitrenko told Deutsche Welle in an interview. He explained that, in saying this, Gazprom …
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Russia to urge Ukraine to start direct negotiations with LPR and DPR at Normandy summit
At the Normandy summit in Paris on December 9, Russia intends to urge Ukraine to begin direct dialog with the ringleaders of the Russia-backed separatist armed groups, the self-proclaimed Donetsk and Luhansk People’s Republics, which occupy parts of Ukraine’s Donetsk and Luhansk regions, said Russian Foreign Minister Sergey Lavrov.
“We heard from the previous administration in Ukraine, from the previous regime, statements that they will never negotiate directly with Donetsk and Luhansk, we …