Will Ukraine Conflict Lead To World War 3..?
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By: David Handson
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Ukraine is in emergency talks with European Union neighbors on the possibility of importing natural gas from the West, following a leap in the price it pays for Russian supplies, Prime Minister Arseny Yatseniuk said on Friday.
The urgency of securing affordable supplies has grown since Moscow - which annexed Crimea from Ukraine last month - raised its discounted gas tariff for Kiev twice this week, almost doubling it in three days.
Yatseniuk told reporters that one possibility was "reverse flows", in which EU countries would send gas back down pipelines normally used in the transit of Russian supplies through Ukraine to the West.
Read MoreRussia raises gas prices for Ukraine by 80%
"We are carrying out emergency talks with our European partners. One way to solve the problem is reverse gas from EU countries," he said, adding that the main candidates for imports were Slovakia, Hungary and Poland.
Ukraine, which is in an economic crisis, covers half its needs with Russian gas. However, relations between the countries became hostile after protesters ousted pro-Moscow president Viktor Yanukovich in February and Russia seized
Crimea, leading to the worst East-West crisis since the Cold War.
Yatseniuk said it was possible to send gas down the pipelines in the opposite direction to the normal east-west flow. "On a technical level, the idea of reverse gas raises no problems, and we hope our European partners make the right decision. If it will be to reverse, then it means the price for gas will be $150 dollars lower than Russian gas."
Russia has raised the price to $485 per 1,000 cubic meters, meaning Gazprom, Russia's monopoly gas exporter, charges Kiev about the same as other customers in central Europe. Ukraine will soon get money from the International Monetary Fund under a new loan package but faces large debts and its economy is in chaos.
Read MoreUkraine and bad weather push up food prices: UN
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KIEV, Ukraine Ukraine's security service says it has detained a 15-strong armed gang planning to seize power in an eastern province on the border with Russia.
The Security Service of Ukraine said Saturday that it seized 300 machine guns, an antitank grenade launcher, a large number of grenades, five handguns and petrol bombs.
It said the group intended to mount a grab for power in the Luhansk province on April 10 by sowing panic among the local population. No names or additional details were provided.
Luhansk and neighboring mainly Russian-speaking eastern provinces have seen active calls for separatism following February's toppling of President Viktor Yanukovych. Ukraine's pro-European interim government accuses Russia of fomenting secessionist sentiments.
The Crimean Peninsula was annexed by Russia last month following a contentious referendum.
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By: JewishNewsOne
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