new russiaukraine gas talks as deadline looms
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

New Russia-Ukraine gas talks as deadline looms

Arab Today, arab today

Arab Today, arab today New Russia-Ukraine gas talks as deadline looms

Valves of a pipeline at a gas station on the outskirts of Kiev
Berlin - AFP

Energy chiefs from Moscow, Kiev and the EU were set to meet in Berlin Friday to resolve a bitter standoff days before Russia threatens to cut off gas to Ukraine.
Tensions are high after two failed meetings and as pro-Russian rebels in eastern Ukraine continue to fight to split away from the rest of the former Soviet republic.
EU Energy Commissioner Guenther Oettinger has mediated in the dispute, in which Russian energy giant Gazprom demands billions of euros in back and advance payments from cash-strapped Ukraine.
Ukraine's Western-leaning government this week rejected a compromise deal proposed by Oettinger on Monday, setting the stage for more tense haggling ahead of the Tuesday, June 3 deadline.
The dispute worries Europe, which depends upon Russia for about a quarter of the natural gas it consumes, and roughly half of Russian imports flow through Ukraine.
Previous disruptions in 2006 and 2009 prompted Brussels to seek ways to diversify supplies.
Oettinger, speaking to Germany's Die Welt daily, said the EU must ensure it has enough gas supplies for next winter -- by topping up its half-full reserve tanks, improving its pipeline infrastructure and boosting energy efficiency.
The newspaper said an EU study had found that a worst-case scenario, a total halt of Russian gas during peak demand in January, "would directly affect almost the entire EU with the exception of the Iberian Peninsula and southern France".
The EU commissioner urged a long-term energy security strategy -- the subject of an EU summit in June -- saying that "we must ensure that we can't be politically or commercially blackmailed".
- Third Russia-Ukraine 'gas war' -
Russia and Ukraine are embroiled in their third gas dispute in less than a decade after the ouster of a Kremlin-backed president in February and Ukraine's decision to seek closer economic ties with EU states.
Russia hiked Ukraine's gas price by 81 percent to $485.50 per 1,000 cubic metres -- the highest in Europe.
It also demanded a payment by next Monday of $5.17 billion (3.79 million euros) for debts and June deliveries.
Ukraine branded the price increase a form of "economic aggression".
On Monday, Oettinger had suggested a way forward after meeting Russian Energy Minister Alexander Novak and his Ukrainian counterpart Yuriy Prodan.
Under the roadmap, which has since been rejected by Kiev, Ukraine would have paid $2.0 billion by Thursday. 
Both sides would have then talked about lowering future prices, followed by a $500 million payment to Moscow on June 7.
Ukraine, where a new president was elected on Sunday, said it first wanted an assurance that the gas price will fall.
"What we are hearing now is 'you pay and then we talk'," said Finance Minister Oleksandr Shlapak on Tuesday. "This does not suit us."
Ukrainian Prime Minister Arseniy Yatsenyuk stressed that Russia had broken all conventions by seizing its Black Sea peninsula of Crimea in March.
Crimean waters contain largely-untapped natural gas fields. Yatsenyuk put their value at $1 billion and said he expected compensation from Russia for them.
"If we want fairness, then we should have an honest and fair discussion," said Yatsenyuk. "But Russia seems to have its own view of justice."
A press conference was scheduled for around 1500 GMT on Friday.

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

new russiaukraine gas talks as deadline looms new russiaukraine gas talks as deadline looms

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

new russiaukraine gas talks as deadline looms new russiaukraine gas talks as deadline looms

 



GMT 12:58 2017 Saturday ,16 September

Singer-songwriter Sampha wins Britain's Mercury Prize

GMT 19:19 2018 Friday ,19 January

Minister of Tolerance attends farewell celebrations

GMT 13:12 2013 Saturday ,05 October

Choosing a bedroom wardrobe

GMT 19:44 2017 Sunday ,31 December

November23rd-December21st

GMT 20:32 2017 Friday ,30 June

MP reveals the parliament was informed

GMT 05:48 2017 Friday ,01 September

Bahrain leaders exchange Eid Al-Adha greetings

GMT 23:34 2017 Saturday ,09 December

Petroleum Development Oman participates in ADIPEC

GMT 07:10 2013 Monday ,25 November

Ayoon wa Azan (The deluge of lies)

GMT 03:34 2017 Thursday ,19 January

South Sudan VP starts first Khartoum visit

GMT 15:56 2017 Sunday ,17 September

How young kids can battle obesity

GMT 11:26 2016 Thursday ,22 December

Trump names critics of China

GMT 17:09 2017 Saturday ,18 March

European court’s hijab verdict an attack on women
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday