00:35 GMT +322 July 2019
Listen Live
    Gas stove

    Gazprom to Limit Gas Supplies to Ukraine to Pre-Paid Volumes - Minister

    © AFP 2019 / Samuel Kubani
    Business
    Get short URL
    Russia-Ukraine Gas Conflict (292)
    0 85

    Russia's Gazprom will supply only pre-paid volumes of natural gas to Ukraine, Energy Minister Alexander Novak said Monday.

    BRUSSELS (Sputnik) — Novak and his Ukrainian counterpart Volodymyr Demchyshyn met on Monday with EU energy chief Maros Sefcovic in Brussels for a new round of consultations on Russian gas supplies to Ukraine.

    "The current daily supplies volume requested by Ukraine is 10 million cubic meters," Novak said.

    "Our Ukrainian colleagues confirmed that they are ready to pay for as much gas as it is necessary to meet the consumption demand in Ukraine depending on temperature regime," the minister said.

    "Therefore, Gazprom will deliver only the volumes that have been pre-paid by the Ukrainian side," Novak stressed.

    On February 26, Gazprom spokesman Sergey Kupriyanov said that should Naftogaz fail to prepay for March deliveries by the end of the week, Gazprom would cut off gas supplies. Kupriyanov added that Kiev's standing balance was only sufficient for a few days of gas supplies.

    Russia, Ukraine to Continue Talks in March on Gas Supplies During Summer

    Moscow and Kiev will continue talks in late March on natural gas supplies during summer period, Russia’s Energy Minister said.

    "We also touched upon the question concerning the gas supplies in summer period and the gas injection into underground gas storage. We agreed to discuss this issue at the end of March,” Alexander Novak said after trilateral ministerial meeting of Russia, Ukraine and the European Commission in Brussels.

    Deliveries of Russian gas to Ukraine were suspended last June over Ukraine's debt that exceeded $5 billion at the time. Russian energy giant Gazprom resumed gas deliveries in December under a "winter package."

    The "winter package" deal was signed last year in Brussels, and expires on April 1, 2015. Under the agreement, Ukraine must pay Russia in advance for all future gas supplies.

    Gas Supplies to Donbas to Be Subject of Separate Talks Between Gazprom, Naftogaz

    Deliveries of Russian natural gas to self-proclaimed Donetsk and Luhansk people's republics in eastern Ukraine will be taken outside the existing 'winter package' and will become subject of separate talks between Russia's Gazprom and Ukraine's Naftogaz, Alexander Novak stated.

    Novak and his Ukrainian counterpart Volodymyr Demchyshyn met on Monday with EU energy chief Maros Sefcovic in Brussels for a new round of consultations on Russian gas supplies to Ukraine.

    "We have agreed that the volumes supplied by Gazprom to these regions in eastern Ukraine as part of the 'winter package' will be taken outside [of the existing agreements," Novak told reporters after the talks.

    "They will not be taken into account in calculation of pre-payments for volumes supplied under the winter package…and will be subject of separate talks," Novak said.

    Last month, Kiev suspended gas supplies into the eastern Ukrainian regions of Donetsk and Luhansk, prompting Russia's energy giant Gazprom to supplant deliveries into Donbas. Hours later, Naftogaz head Andriy Kobolev announced the resumption of gas deliveries into Donbas, although the region's two breakaway republics' leadership disputed that claim.

    Russian gas deliveries into Ukraine are currently carried out under the EU-mediated "winter package" deal, requiring advance payments from Naftogaz at discounts of $100 per 1,000 cubic meters. The deal expires on April 1, 2015.

    Topic:
    Russia-Ukraine Gas Conflict (292)

    Related:

    Oil Advances in Price, Threats of Gas Supply Cuts to Europe
    Gazprom Gets $15 Mln in Advance Gas Payment From Ukraine
    Strong US Dollar, Plunging Gas Prices Cause US Goods Price to Decline
    Russia-Ukraine-EU Trilateral Gas Talks on March 2 Confirmed
    Gazprom Ready to Sidestep Kiev, Supply Gas to Donbas
    Arctic Indigenous Peoples Need Protection Amid Growing Oil, Gas Industry
    Gas to Ukraine Could Be Cut Off in 4 Days Unless Prepayment Made – Putin
    Kiev’s Decision to Cut Gas Supply to Donetsk 'Bears Hallmarks of Genocide'
    Tags:
    gas supplies, Volodymyr Demchyshyn, Alexander Novak, Ukraine, Russia
    Community standardsDiscussion
    Comment via FacebookComment via Sputnik