Space Industry and Business News  
OIL AND GAS
Ukraine says it will buy more Russian gas when needed
by Daniel J. Graeber
Kiev, Ukraine (UPI) Nov 25, 2015


disclaimer: image is for illustration purposes only

A Ukrainian natural gas company said it expects to receive prepaid gas from Russia and future deliveries may come as demand levels dictate.

Russian natural gas company Gazprom said it's received no request for additional gas from Ukrainian company Naftogaz. Since no payment was made for future supplies, Gazprom said it halted deliveries to the Ukrainian market.

Gazprom in 2006 and 2009 cut gas supplies to Ukraine in part because of contractual disputes. The energy row spilled over into regional politics, putting former Ukrainian Prime Minister Yulia Tymoshenko in the cross-hairs for her role in breaking the 2009 impasse over bilateral contracts.

Naftogaz said in a statement it expects to receive all prepaid volumes of natural gas from Russia by Wednesday.

"According to the current agreements with Gazprom, further volumes will be contracted and prepaid by Naftogaz as needed, depending on demand in Ukraine and taking into account terms available for Naftogaz in the European Union," it said.

The European economy gets about a quarter of its natural gas demands met by Russia, though most of that volume runs through a Soviet-era transit network in Ukraine.Naftogaz Chief Executive Officer Andrei Kobolyev said that, at least since mid-2014, his company has shown it can keep gas moving "whether we get it for Ukraine or not."

Alexei Miller, the top executive at Gazprom, said there would be no future deliveries to Ukraine until Naftogaz issues a new payment.

"Refusing to buy Russian gas creates risks for gas transit to Europe and gas supplies for the Ukrainian consumers before this coming winter," he was quoted by Russian news agency Tass as saying.

Kobolyev said that, as far as the company is aware, all parties are satisfied with the quality and reliability of transit services.

"At this time a year ago we did not buy any gas from Russia," he added.


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


.


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

Previous Report
OIL AND GAS
BG Group builds Australian LNG profile
London (UPI) Nov 25, 2015
BG Group, one of Australia's largest natural gas producers, announced it strengthened its grip in the region with new advances in liquefied natural gas. The company said Wednesday it started commercial operations at the second train, a liquefaction and purification facility, at its Queensland Curtis plant in Australia. The company's Australian subsidiary also took control of the train f ... read more


OIL AND GAS
Creating a new vision for multifunctional materials

3-D printing aids in understanding food enjoyment

Hardened steels for more efficient engines

Primordial goo used to improve implants

OIL AND GAS
Australia contracts for defense computer network upgrades

Harris Corporation Wins $40 Million Air Force Satellite Control Network Contract Extension

Commercialization is coming to WGS

DARPA's RadioMap Program Enters Third Phase

OIL AND GAS
NASA Orders SpaceX Crew Mission to International Space Station

NASA Selects New Technologies for Parabolic Flights and Suborbital Launches

United Launch Alliance exits launch competition, leaving SpaceX

Spaceport America opens up two new campuses

OIL AND GAS
Raytheon completes GPS III launch readiness exercise

LockMart advances threat protection on USAF GPS Control Segment

Orbital ATK products enable improved global positioning on Earth

Galileo pair preparing for December launch

OIL AND GAS
Singapore-based leasing firm BOC Aviation orders 22 B737s

NASA Studying Volcanic Ash Engine Test Results

Russian company to help Iran with helicopter repair facility

U.S. Air Force deploys upgraded E-3 Sentry to combat theater

OIL AND GAS
Strange quantum phenomenon achieved at room temperature in semiconductor wafers

Superconductor survives ultra-high magnetic field

Researchers implant organic electronics inside plants

Electrons always find a quantum way

OIL AND GAS
New satellite to measure plant health

Sentinel-3A on its way

RippleNami helps visualize change in Africa with its customizable mapping platform

RapidScat Celebrates One-Year Anniversary

OIL AND GAS
On polluted Rio island, Brazilian ecologist dreams of miracle

Sludge from deadly Brazil mine accident reaches the Atlantic

Greenpeace India's shutdown halted temporarily, group says

Mine spill Brazil's worst environmental catastrophe: minister









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - 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. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. 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. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.