Arab Today, arab today second baltic pipeline will cost ukraine 2bn 2015
Last Updated : GMT 13:19:20
Arab Today, arab today
Arab Today, arab today

Prime Minister Arseniy Yatsenyuk:

Second Baltic pipeline will cost Ukraine $2bn 2015

Arab Today, arab today

Arab Today, arab today Second Baltic pipeline will cost Ukraine $2bn 2015

Ukrainian Prime Minister Arseniy Yatsenyuk
Riga - Arab Today

Ukrainian Prime Minister Arseniy Yatsenyuk on Thursday blasted a planned second gas pipeline under the Baltic Sea, claiming it would cost his country $2 billion (1.8 billion euros) a year in lost revenue.

Yatsenyuk said the Nord Stream-2 deal between Russia's Gazprom, Anglo-Dutch Shell, Germany's E.ON and Austria's OMV would also impact the budgets of neighbouring Poland and Slovakia by undermining their roles as transit states for existing Russian gas pipelines.

"The fact is that if Russia and some Western companies will complete Nord Stream-2, this will deprive Ukraine of two billion dollars in revenue" annually, he said, speaking at a joint press conference with his Estonian, Latvian and Lithuanian counterparts.

"This will deprive Slovakia of 0.8 billion dollars in revenue, Poland of 0.3 billion dollars in revenue and this will even deprive the EU of real energy independence," he added.

"We ask the European Commission... to seriously get into this issue so Russia is not allowed to facilitate a bottleneck and control the energy market of the European Union," he said, terming the project as "more political than economic."

Yatsenuk's concerns were echoed by his Baltic colleagues, in particular Estonian Prime Minister Taavi Roivas who questioned whether the planned pipeline was compliance with EU rules.

"I trust the (European) Commission to very seriously look into this matter," he said.

In June, Gazprom agreed with its western European partners to build the new gas pipeline -- dubbed Nord Stream-2 -- to Germany, bypassing conflict-torn Ukraine but also EU neighbour Poland.

The route under the Baltic Sea from Russia would have a capacity of 55 billion cubic metres per year and would double the flow of the existing Nord Stream pipeline currently linking the two countries.

No timeframe was given for the deal that will boost Germany as a distribution hub for Russian gas in Western Europe.

Russia and the West are locked in a bitter standoff over the Kremlin's role in Ukraine and a gas dispute between Kiev and Moscow has threatened energy supplies to the EU.

Source: AFP

arabstoday
arabstoday

GMT 07:18 2017 Monday ,09 October

takes eurozone farewell bow

GMT 15:08 2017 Sunday ,08 October

Deutsche Bank plots more moderate

GMT 16:07 2017 Saturday ,07 October

Saudi companies invest in liquefied gas

GMT 21:52 2017 Tuesday ,03 October

Saudi , Russia to set up $1bn energy fund

GMT 06:39 2017 Tuesday ,03 October

Equifax warned about vulnerability, didn't patch it

GMT 03:39 2017 Saturday ,30 September

Al Jawaheri economic improvement

GMT 04:54 2017 Tuesday ,26 September

OPEC to discuss extending cuts, quotas

GMT 02:07 2017 Tuesday ,26 September

Inequality, low wages weaken global growth
Arab Today, arab today
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 second baltic pipeline will cost ukraine 2bn 2015 Arab Today, arab today second baltic pipeline will cost ukraine 2bn 2015

 



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 second baltic pipeline will cost ukraine 2bn 2015 Arab Today, arab today second baltic pipeline will cost ukraine 2bn 2015

 



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 EasyJet, Lufthansa among seven to bid

GMT 06:49 2017 Tuesday ,17 October

EasyJet, Lufthansa among seven to bid
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 Fighters celebrate Raqa victory

GMT 06:07 2017 Wednesday ,18 October

Fighters celebrate Raqa victory
Arab Today, arab today Hiring not part of Alibaba pledge

GMT 11:26 2017 Wednesday ,18 October

Hiring not part of Alibaba pledge
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Sidem reveals plan to improve education

GMT 15:52 2017 Friday ,06 October

Sidem reveals plan to improve education
Arab Today, arab today British actress becomes fifth woman

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman
Arab Today, arab today Three killed, 360,000 without power

GMT 05:11 2017 Tuesday ,17 October

Three killed, 360,000 without power
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 Mercedes says recalls 400,000 UK cars

GMT 06:56 2017 Tuesday ,17 October

Mercedes says recalls 400,000 UK cars
Arab Today, arab today Britain's Vauxhall to cut 400 jobs

GMT 10:53 2017 Sunday ,15 October

Britain's Vauxhall to cut 400 jobs
Arab Today, arab today Dalal Abdel Aziz happy for “Seventh Neighbor”

GMT 09:31 2017 Monday ,16 October

Dalal Abdel Aziz happy for “Seventh Neighbor”
Arab Today, arab today India to close colonial-era military farms

GMT 18:49 2017 Monday ,16 October

India to close colonial-era military farms

GMT 12:33 2017 Friday ,13 October

Anoshka happy for reactions to her talk show

GMT 10:37 2017 Thursday ,12 October

Cara Delevingne accuses Weinstein

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 12:02 2017 Saturday ,14 October

Conservation cutbacks put Brazil's

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 23:42 2017 Monday ,16 October

Better Marriages Make

GMT 07:02 2017 Sunday ,15 October

German minister sparks uproar

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 03:59 2017 Sunday ,15 October

US mobile carriers Sprint, T-Mobile to merge

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