Archive for the ‘Ukraine’ Category
Ukraine in emergency talks with EU on gas imports
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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NATIONAL COUNCIL: BAKU HAS NOT LEARNT A LESSON FROM UKRAINE EVENTS – Video
NATIONAL COUNCIL: BAKU HAS NOT LEARNT A LESSON FROM UKRAINE EVENTS
On March 29, the National Council of Democratic Forces (NCDF) held its next session, which discussed NCDF #39;s activity in the past period. Head of the National...
By: Obyektiv Tv
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NATIONAL COUNCIL: BAKU HAS NOT LEARNT A LESSON FROM UKRAINE EVENTS - Video
Why does the OSCE have Monitors in Ukraine? – Video
Why does the OSCE have Monitors in Ukraine?
OSCE Monitoring in Ukraine - Your Questions, No.1: What #39;s the Purpose of OSCE Monitoring in Ukraine? http://osce.usmission.gov U.S. Ambassador to the OSCE, D...
By: usosce
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‘No sign’ of Russian pullback from Ukraine – Video
#39;No sign #39; of Russian pullback from Ukraine
NATO says it is not seeing a promised Russian troop pullout from the border with eastern Ukraine. Foreign ministers from the alliance are meeting in Brussels...
By: Al Jazeera English
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