Close X
Wednesday, December 25, 2024
ADVT 
International

Ukraine crisis: Russia warns Europe of gas supply risk

Darpan News Desk IANS, 12 May, 2014 10:33 AM
  • Ukraine crisis: Russia warns Europe of gas supply risk
The ongoing Russia-Ukraine stand-off may jeopardise natural gas supplies to the European countries despite Moscow's efforts to abide by contracts, a senior official said Monday.
 
"Countries that have no alternative supply (routes) other than the Ukrainian gas transportation system are most at risk," Xinhua cited Russian Deputy Energy Minister Anatoly Yanovsky as saying Monday.
 
Yanovsky said Russian gas monopoly Gazprom had to demand pre-payment from its Ukrainian counterpart, Naftogas.
 
"It is not a matter of Gazprom wanting or not wanting (to demand prepayment), it is an obligation under the contract. In order to supply gas to Ukraine, Gazprom has to pay custom duties to the Russian budget; that is why it simply must ask for pre-payment," Xinhua quoted the RIA Novosti news agency as saying.
 
"We have not received any payments for the gas supplies already delivered (to Ukraine)," he added.
 
Also Monday, a senior member of the Russian State Duma, the lower house of parliament, said energy supplies have become a political matter in recent years.
 
"Russia began supplies to Europe 40 years ago during the Cold War, but even then economic reasons and energy demands prevailed over political confrontations," said Pavel Zavalny, deputy chairman of the State Duma's energy committee.
 
Moscow has cancelled two major contracts on gas discounts for Ukraine after the current authorities came to power in Kiev in February following President Viktor Yanukovych's ouster.
 
Gazprom earlier said Moscow's conflict with the authorities in Kiev could potentially hamper Russian natural gas deliveries to Europe through Ukraine. 
 
The company worries that Naftogas could fail on its transport obligations while withholding some gas allocated for Europe for Ukraine's own purposes.
 
Energy officials from the European Union are to meet Gazprom and Naftogaz representatives Monday in Brussels. 

MORE International ARTICLES

Indian-origin actress suing BBC for racism

Indian-origin actress suing BBC for racism
An Indian-origin actress is suing BBC for up to one million pounds ($1.6 million) for a racist remark made by the host of a popular motor show, media reported Friday.

Indian-origin actress suing BBC for racism

Currency Corner: Aussie Kangarooing Its Way To Parity Against Dollar?

Currency Corner: Aussie Kangarooing Its Way To Parity Against Dollar?
As we come to the end of the first quarter of 2014-15, there were soft movements in all the forex majors in Wednesday's trading session with the exception of the Australian dollar. The Aussie took out the 92 cents level against the US dollar and is now trading 7 percent above its mid January low of around 87 cents.

Currency Corner: Aussie Kangarooing Its Way To Parity Against Dollar?

Turkey shuts down YouTube

Turkey shuts down YouTube
Turkey's Telecommunications Directorate Thursday blocked access to popular social network Youtube hours after a leaked voice recording of a high-level security meeting on Syria was published on this website, the media reported.

Turkey shuts down YouTube

Special court judge, order stay in Musharraf case

Special court judge, order stay in Musharraf case
Justice Faisal Arab, who heads the special court set up to try former Pakistan president Pervez Musharraf for high treason, remains part of the court and the order calling for the ex-military strongman's appearance March 31 stands, the court said Thursday.

Special court judge, order stay in Musharraf case

NASA to turn astronauts into fashionistas!

NASA to turn astronauts into fashionistas!
The next space suit for a NASA astronaut may resemble some Hollywood characters as the US space agency is all set to turn budding astronauts into cool dudes!

NASA to turn astronauts into fashionistas!

300 more objects spotted, bad weather disrupts jet search

300 more objects spotted, bad weather disrupts jet search
Over 300 new objects were spotted by satellites of Thailand and Japan in or near the search area in the southern Indian Ocean where Malaysia Airlines flight MH370 is believed to have been “lost” but bad weather Thursday forced Australian authorities to suspend the search operation, it was announced.

300 more objects spotted, bad weather disrupts jet search