Arab Today, arab today ‘phantom’ gas deal embarrasses ukraine government
Last Updated : GMT 17:16:52
Arab Today, arab today
Arab Today, arab today

‘Phantom’ gas deal embarrasses Ukraine government

Arab Today, arab today

Arab Today, arab today ‘Phantom’ gas deal embarrasses Ukraine government

Kiev - AFP

It was hailed as the historic deal that would finally end Ukraine’s reliance on Russian gas imports and ensure its energy independence forever. But then Ukraine’s announcement it had signed an agreement with Spanish firm Gas Natural Fenosa as the first foreign investor in a planned LNG terminal off Odessa hit a snag. The Spanish company denied ever having signed any contract. A Spaniard with a Catalan name signed the deal on November 26, apparently on behalf of Gas Natural. But quite who he was acting for and the circumstances of the situation remain a mystery. \"The documents were signed. A representative of the Spanish company initialled them. Now questions are being asked about whether he was authorised to do so,\" said Ukrainian Energy Minister Yuri Boiko after doubts were first raised. The Ukrainian government initially said the documents had were going to be signed by Jordi Garcia Tabernero, the external relations chief for the firm. But then it emerged the Spanish signatory was Jordi Sarda Bonvehi, who Ukraine now says is a professional go-between who works in the interests of Spanish companies but is not a direct employee of Gas Natural. Gas Natural denied it has signed any contracts and was \"sending a formal notice to the person who, according to media reports, seems to have claimed to represent the company at an event that took place in Kiev last Monday.\" \"This person does not represent the company,\" it said in an emailed statement. The confusion is a huge embarrassment not just for the head of the Ukrainian investment agency, Vladislav Kaskiv, who signed the deal, but the entire government of President Viktor Yanukovych. Prime Minister Mykola Azarov and Boiko were present at the signing ceremony in Kiev. Kaskiv boasted at the time that \"November 26 can be called the Day of Ukraine\'s energy independence.\" \"It’s a scandal that is both outrageous and tragi-comic,\" said Ukraine’s leading online daily Ukrainska Pravda. The state investment authority said in a statement Friday that Gas Natural has now notified Kiev that Bonvehi was not their representative and had exceeded his authorities in signing the agreement. It noted -- with a degree of apparent relief -- that there were \"no financial or legal\" obligations in the agreement that was signed. But the agency also lashed out at \"third parties\" for whom the \"misunderstanding\" was a tool to undermine Ukraine’s bid to find energy independence. According to the head of the LNG project Vitaliy Demyanyuk, Bonvehi had organised a visit of representatives of Gas Natural to attend the ceremony in Kiev. But when they did not in the end come to the Ukrainian capital he decided \"he could sign the agreement himself and sort out the question of authority later. But this then infuriated Gas Natural.\" Ukrainian media quoted Bonvehi as saying: \"I thought that I could sign it and then clear it with the company.\" Despite the farcical situation, the 846 million euro ($1.1 billion) project is of huge importance for Ukraine. When completed it aims to allow the import of 10 billion cubic metres of gas a year which would arrive in the Black Sea by ship as LNG (Liquified Natural Gas). Above all it would help the country loosen its dependency on gas imports from Russia, which Kiev complains are too costly and give Moscow an unwelcome political lever in the country. Pro-Kremlin former Ukrainian presidential chief of staff Viktor Medvedchuk could not hide his glee over the misfortunes, asking on his blog how \"such people (as Kaskiv) are allowed on a state level\" to be involved in such projects. Medvedchuk, an implacable foe of the 2004 pro-Western Orange Revolution, is seen by many commentators as a champion of Russian interests in Kiev and a friend of President Vladimir Putin. Another mystery is whether Russia played any role in the whole farce – Ukraine gaining energy independence would undermine its political influence and deprive state gas giant Gazprom of billions of dollars in energy receipts.

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 ‘phantom’ gas deal embarrasses ukraine government Arab Today, arab today ‘phantom’ gas deal embarrasses ukraine government

 



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 ‘phantom’ gas deal embarrasses ukraine government Arab Today, arab today ‘phantom’ gas deal embarrasses ukraine government

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today unveils Joon - the 'millenials' airline

GMT 13:36 2017 Saturday ,23 September

unveils Joon - the 'millenials' airline
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today US-made bomb used in fatal strike

GMT 10:16 2017 Saturday ,23 September

US-made bomb used in fatal strike
Arab Today, arab today Saudi Arabia to unblock internet calling apps

GMT 11:31 2017 Wednesday ,20 September

Saudi Arabia to unblock internet calling apps
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today All eyes on May as she prepares

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares
Arab Today, arab today Puerto Rico, Virgin Islands brace

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Carmakers face billions in European

GMT 12:37 2017 Saturday ,23 September

Carmakers face billions in European
Arab Today, arab today Mercedes pumps 1 bln euros    

GMT 06:04 2017 Friday ,22 September

Mercedes pumps 1 bln euros    
Arab Today, arab today Lebleba is preoccupied in filming 'Back Street'

GMT 08:56 2017 Thursday ,21 September

Lebleba is preoccupied in filming 'Back Street'
Arab Today, arab today France hopeful of persuading Trump

GMT 06:21 2017 Wednesday ,20 September

France hopeful of persuading Trump

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program

GMT 18:09 2017 Thursday ,21 September

China lifts 10-year travel ban

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 18:03 2017 Thursday ,21 September

Alarm over flesh-eating ulcer cases

GMT 06:49 2017 Friday ,22 September

O'Leary: Could ground more planes

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
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