Subscribe free to our newsletters via your
. Space Industry and Business News .




OIL AND GAS
Ukraine, Russia launch crisis talks on gas, insurgency
by Staff Writers
Kiev (AFP) June 09, 2014


Moscow seeks clarification on new gas pipeline planned for Europe
Moscow (UPI) Jun 9, 2013 - It's too early to comment on word the Bulgarian government has backed out of the planned South Stream gas pipeline, a Kremlin spokesman said Monday.

Bulgarian Prime Minister Plamen Oresharski said his government's role in the gas pipeline planned through southern European countries would have to wait for consent from a European Union wary of expanding Russia's energy influence.

Kremlin spokesman Dmitry Peskov said Monday any formal comment from Moscow would be premature.

"[The issue] needs to be clarified," he said. "It is early to say anything."

Russian energy company Gazprom said last month it signed the necessary contracts needed to start construction of the onshore section of the pipeline later this year. South Stream has an optimum capacity if 2.2 trillion cubic feet per year and should begin service by late 2015.

European lawmakers in April passed a resolution to reconsider the pipeline. Oresharski said following meetings with visiting U.S. senators he put the project on hold in Bulgaria at the request of the European Commission.

"Further proceedings will be decided after additional consultations with Brussels," he said.

The Serbian government said Monday it was following Bulgaria's lead and leaving the project behind.

Ukraine launched delicate dual-track diplomatic negotiations with Russia on Monday aimed at averting a debilitating gas cut and ending a bloody separatist insurgency by the end of the week.

The meetings in Brussels and Kiev throw down an immediate challenge to new Ukrainian President Petro Poroshenko's European commitment and vow to preserve the territorial integrity of the splintered ex-Soviet state.

The 48-year-old confectionery tycoon and political veteran promised late Sunday to end fighting "this week" in Ukraine's economically vital eastern rustbelt that has claimed more than 200 lives.

And he affirmed after being sworn in as Ukraine's fifth president on Saturday that Kiev would sign a historic pact with the European Union that would finally wrest it out of Russia's orbit.

But the eight-week insurgency that Kiev and the West accuse Russia of orchestrating rages unabated.

Ukrainian defence sources told AFP that militants had staged a wave of failed attacks on the international airport in the Russian border city of Lugansk after briefly seizing its counterpart in neighbouring Donetsk late last month.

Intense artillery fire and air bombardments also continued in the rebel Donetsk region stronghold of Slavyansk -- an industrial city of 120,000 where many have been sheltering in basements for weeks.

The Ukrainian army also said pro-Russian gunmen had taken several of its soldiers prisoner overnight.

"Some were out in the field, but others were abducted," military spokesman Vladyslav Seleznyov wrote in a Facebook post.

"We are still learning the details of everything that happened."

- Gas deal 'highly likely' -

The EU-mediated gas talks in Brussels come on the eve of a Russian deadline for Ukraine to cover a debt of nearly $4.4 billion (3.2 billion euros) or have its shipments end on Wednesday.

About 15 percent of Europe's gas from Russia transits through Ukraine -- a dependence that EU nations have been trying to limit ever since suffering similar disruptions in 2006 and 2009.

But analysts said the fuel freeze would also deal a bruising blow to a Ukrainian economy that the IMF already expects to contract by five percent this year.

Ukraine has refused to pay the bills in protest at Russia's decision to nearly double its neighbour's rates in the wake of the February ouster of Kiev's Kremlin-backed president.

Sources said the pressure on all sides to agree greatly boosted the chances of a compromise.

"There is a high likelihood that this really will be the final meeting at which we expect to agree on a schedule of payments for the already delivered gas," a Russian source close to the negotiations told Moscow's Vedomosti business daily.

An unnamed Ukrainian official said he expected Kiev's Naftogaz state energy holding to make an immediate payment of $1.0 billion (730 million euros) for gas it received in the last two months of last year.

"Another $451 million may be paid in the near future," the Ukrainian source told the daily.

"And for April and May, we expect an initial payment of $500 million."

Moscow's VTB Capital investment bank said the price for future deliveries would probably hover around $360 per thousand cubic metres of gas -- a sum about halfway between Russia's old price and the one set after the rise to power of the new pro-Western authorities.

- 'End fighting this week' -

Poroshenko conceded upon taking the oath of office that the eastern uprising could not be resolved without the direct involvement of Russia.

The two sides conducted the first of what the Ukrainian leader said should be daily negotiations on Sunday involving a representative from the Organisation for Security and Cooperation in Europe -- a Vienna-based body that was first tasked with securing peace during the Cold War.

Poroshenko affirmed after that meeting that "we must end the fighting this week".

Ukraine's acting Defence Minister Mykhailo Koval said on Monday that Poroshenko's peace push "instills great hope that wise steps will be taken shortly that let the residents of eastern Ukraine live in peace."

But the president's pledge was dismissed as political grandstanding by separatists who have taken effective control of a dozen towns and cities and are now seeking a formal invitation to join Russia.

"We are continuing to mobilise, preparing volunteers for the defence of Donetsk," the region's self-proclaimed deputy premier Andriy Purgin told Russia's Interfax news agency.

And Poroshenko himself did not spell out how he intended to make gunmen comply with the ceasefire or whether he would order a full military withdrawal.

Some analysts said the hurdles facing Poroshenko's presidency were too daunting to quickly surmount.

"Ukraine's new president has inherited considerable political and economic problems, which are more likely to worsen than improve in 2014," said Chris Weafer of Moscow's Macro Advisory consultancy.

.


Related Links
All About Oil and Gas News at OilGasDaily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





OIL AND GAS
Pipeline that could break Russia's hold on EU gas moving forward
Zug, Switzerland (UPI) Jun 4, 2013
The Trans-Adriatic gas pipeline for Europe is still moving forward despite decisions from influential stakeholders to leave, a project spokesperson said. TAP "remains on track to receive first gas when Shah Deniz II deliveries begin," a spokesperson for the consortium managing the project told the Platts energy news website Tuesday. The 540-mile pipeline will bring as much as 700 ... read more


OIL AND GAS
Intel's gesture control promises hands-free life at Taiwan show

Just add water: 3-D silicon shapes fold themselves when wetted by microscopic droplets

Shatterproof screens that save smartphones

Toxic computer waste in the developing world

OIL AND GAS
Raytheon awarded contratc for USAF FAB-T satellite terminal program

Mutualink's Fusion Kit Enables On-the-Go Interoperability

NATO agency extends Globalcomms services

Rockwell supplying radios, satellite terminals to Canadian military

OIL AND GAS
Roscosmos Scolded for 'Pestering Society' with Proton Crash Theories

SpaceX unveils capsule to ferry astronauts to space

Elon Musk to present manned DragonV2 spacecraft on May 29

Russia puts satellite in orbit from sea platform after 2013 flop

OIL AND GAS
Russia, China expand cooperation on satellite navigation

GPS sites in Russia can't be used now for 'military purposes'

Gannet sat nav reveals impact of fishing vessels

Chinese army regulates sat nav use

OIL AND GAS
From Close Air Support to Fire Suppression

International research and technology center opened by Boeing

Australia probes possible MH370 witness account

Chinese ship in latest glitch in MH370 search mission

OIL AND GAS
2D Transistors Promise a Faster Electronics Future

EMCORE Introduces Internal Fiber Delay Line System for the Optiva Platform

New analysis eliminates a potential speed bump in quantum computing

NIST chip produces and detects specialized gas for biomedical analysis

OIL AND GAS
Ten year-old Dragon gains new strength

Sentinel-1 aids Balkan flood relief

Japan launches land observing satellite

Airbus partners with BAE for radar satellite imagery

OIL AND GAS
New pollution rules will reduce asthma, heart attacks: Obama

Cutting Carbon Emissions Reduces Everyday Air Pollution

Sweden to sue EU for delay on hormone disrupting chemicals

Dangerous nitrogen pollution could be halved




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.