russia warns of high risk to winter gas deliveries to europe
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Russia warns of high risk to winter gas deliveries to Europe

Arab Today, arab today

Arab Today, arab today Russia warns of high risk to winter gas deliveries to Europe

A compressor station of Naftogaz oil and gas company
Moscow - AFP

Russia's energy minister Alexander Novak warned Friday of a high risk of disruptions to Russian gas supplies to Europe this winter as international tensions over Ukraine mounted.
"The situation is extremely critical as the heating season approaches," Novak said at a joint press conference with the EU's Energy Commissioner Guenther Oettinger.
"There is a high risk that gas delivered by Gazprom for Europe will be illegally taken by Ukraine for its own use," he warned.
Russia in mid-June cut its deliveries for Ukraine after a pro-Western government took power and disputes over prices led to what Novak said was the accumulation of a debt of $5.3 billion.
That decision heightened concerns about supplies to Europe as a major portion of Russian gas flows through Ukraine.
Russia is the EU's top supplier of gas. The 28-nation bloc depends on energy imports for more than 50 percent of its needs, and roughly 40 percent of those imports are supplied by Russia.
Moscow has a history of using gas prices as a political weapon and has twice shut off supplies to Ukraine in the past decade, causing supply disruptions to Europe in 2006 and 2009.
Ukraine has recently acknowledged that it does not have sufficient reserves to make it through the winter and accused Russia of wanting to cut supplies to Europe.
Novak called his two hours of talks with Oettinger constructive but did not announce any progress on resolving the price dispute with Ukraine.
For his part, Oettinger said that "to resolve the crisis one should not use gas as an instrument of sanctions and escalation."
He called for quickly creating a repayment schedule for gas delivered when prices were not under dispute.
Novak said that if Ukraine settles part of that debt, a "restructuring" of the other part could be considered.
Gazprom chief Alexei Miller, who was present during the talks, was quoted as saying by Russian news agencies that if some of the debt is repaid then it was willing to begin selling Ukraine gas on a pre-paid basis.
Norway, Europe's number two gas supplier, said it could compensate only somewhat for any decline in Russian deliveries.
"In the short term, during a crisis, we could increase (supplies) a bit, but over the longer term if we are to deliver more natural gas to Europe we need more pipeline capacity and a market that wants to buy the gas," Norway's Foreign Minister Boerge Brende said Friday at a conference in Oslo.
A cut-off of Russian gas that travels via Ukraine would impact most several southeastern European countries as they are highly dependent on these supplies and do not have other pipeline connections.

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*

russia warns of high risk to winter gas deliveries to europe russia warns of high risk to winter gas deliveries to europe

 



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*

russia warns of high risk to winter gas deliveries to europe russia warns of high risk to winter gas deliveries to europe

 



GMT 13:26 2017 Thursday ,02 March

Nadal, Djokovic advance in Acapulco

GMT 07:42 2012 Friday ,17 August

Princess Lalla Amina dies

GMT 00:51 2012 Friday ,27 January

Weather Proof Outdoor Furniture

GMT 14:05 2017 Friday ,17 February

All Blacks' legend Carter 'sorry' for drink-driving

GMT 19:21 2017 Sunday ,12 February

Syrian Army units kill dozens of Daesh suicides

GMT 08:45 2017 Saturday ,08 April

Khatib receives Fayad

GMT 09:50 2017 Sunday ,29 October

Bayern boss hopeful Lewandowski can face Celtic
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