ukraine russia see imminent end to latest gas war
Last Updated : GMT 07:56:49
Arab Today, arab today
Arab Today, arab today

Ukraine, Russia see imminent end to latest gas war

Arab Today, arab today

Arab Today, arab today Ukraine, Russia see imminent end to latest gas war

A pressure gauge at a compressor station of Ukraine's Naftogaz national oil and gas
Kiev - AFP

 Ukraine and Russia stood on the verge on Sunday of resolving their latest gas war in time to keep the war-scarred nation and EU clients warm through the winter months.
Ukrainian President Petro Poroshenko said he and Russian counterpart Vladimir Putin had reached a price deal at high-stakes talks in Milan on Friday that otherwise focused on the six-month pro-Kremlin revolt convulsing the ex-Soviet state's separatist east.
Two meetings mediated by German Chancellor Angela Merkel and French President Francois Hollande -- as well as a brief exchange on their own -- marked the two leaders' most in-depth dialogue since Poroshenko's May election.
The tense day broke up without Putin meeting EU hopes that he would denounce the separatist leadership election that pro-Russian militants intend to stage on November 2, a week after parliamentary polls in Ukraine.
But Poroshenko said the meetings produced the broad outlines of a deal that could see Russia halt the gas supply cutoff it began in June -- its third in less than 10 years.
Kiev had branded the cut a form of "economic aggression" aimed at punishing the new pro-Western leaders for their February ouster of a Kremlin-backed president and a decision to sign a landmark EU trade and political association pact.Poroshenko told the nation late Saturday that he had made sure in Milan that their homes would stay warm through the bitter winter season -- a crucial promise to make ahead of next Sunday's crunch general election.
"Ukraine will have gas. Ukraine will have heat," Poroshenko said in a pre-recorded television interview.
He said a more detailed protocol agreement due to be completed by Tuesday will see Ukraine meet Russia's demand and pay $385 per 1,000 cubic metres of gas for deliveries guaranteed through the end of March.
Poroshenko said he and the two European leaders had pressed Russia to lower that rate to $325 per 1,000 cubic metres for summer months when energy demand drops.
"The Russian side insists on $385 for the whole year," said Poroshenko.
The chief spokesman for Russia's state-held gas giant Gazprom confirmed that the two sides had found an interim price solution.
  Accord 'premature' -
But he added that Ukraine still disputed the amount of money it owed Moscow for unpaid deliveries and that no formal agreement had yet been reached.
A new deal's signing "depends on other factors -- including the payment of debts," spokesman Sergei Kuprianov told AFP.
"These will be discussed in Brussels on Tuesday."
Ukraine Prime Minister Arseniy Yatsenyuk was also cautious, saying it was "premature" to speak about an accord.
"These were just discussions. I have no reason to trust Putin," he told the television channel ICTV.
Russian Energy Minister Alexander Novak said last week one compromise could see Moscow lower the amount of debt repayments it expected to see this year to $1.45 billion from $3.1 billion.
The new price is 20 percent less than the figure Moscow began charging Ukraine after it cancelled a special rebate it offered ousted president Viktor Yanukovych for his decision last year to reject the fateful EU pact.Ukraine paid Russia an average price last year of $413.5 per 1,000 cubic metre after agreeing to tough terms under the pressure of a previous Gazprom supply cut in 2009.
Economists said the rate was the highest in Europe and largely responsible for the budget shortfalls that had forced Kiev to rely on Western financial assistance.
The discount for Yanukovych was meant to bring the rate closer in line with the one paid by Gazprom's main EU clients.
Persistent disputes have seen Russia launch expensive new pipeline projects designed to bypass Ukraine
EU nations have in turn been looking for ways to cut their Russian fuel dependence -- a slow process that still sees Europe purchase a third of the gas it consumes from Gazprom.
Nearly half that amount currently flows through Ukraine's pipeline network.
But EU powers such as Italy -- reliant on the Ukrainian link for all of its Russian supplies -- had feared that Kiev may be forced to tap into those flows once the winter heating season begins.

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*

ukraine russia see imminent end to latest gas war ukraine russia see imminent end to latest gas war

 



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*

ukraine russia see imminent end to latest gas war ukraine russia see imminent end to latest gas war

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Japanese regulators raid Airbnb

GMT 00:44 2017 Monday ,20 November

Japanese regulators raid Airbnb
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today Saudi, Bahrain target Iran

GMT 00:48 2017 Monday ,20 November

Saudi, Bahrain target Iran
Arab Today, arab today Europe turns on Facebook, Google

GMT 02:26 2017 Monday ,20 November

Europe turns on Facebook, Google
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
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 Driverless, electric future just round

GMT 02:45 2017 Monday ,20 November

Driverless, electric future just round
Arab Today, arab today Tesla unveils its all-electric semi truck

GMT 02:59 2017 Saturday ,18 November

Tesla unveils its all-electric semi truck
Arab Today, arab today Mona Abdel Ghany increased artistic activities

GMT 12:15 2017 Friday ,17 November

Mona Abdel Ghany increased artistic activities
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 12:22 2017 Thursday ,16 November

Hanan Metawe denies apology for “Major Treason”

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 02:28 2017 Saturday ,18 November

Anti-drug operation nets 4 tonnes

GMT 01:34 2017 Friday ,17 November

Banyan Tree Phuket Takes Festive Season

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
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