Arab Today, arab today new russiaukraine gas talks as deadline looms
Last Updated : GMT 21:46:51
Arab Today, arab today
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*

Arab Today, arab today new russiaukraine gas talks as deadline looms Arab Today, arab today new russiaukraine gas talks as deadline looms

 



Arab Today, arab today

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*

Arab Today, arab today new russiaukraine gas talks as deadline looms Arab Today, arab today new russiaukraine gas talks as deadline looms

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
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
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday