Volodymir Groisman, Ukraine's vice-premier and minister of regional development, construction and housing and utilities sector, told a briefing on Thursday that Ukraine might purchase 6-7 billion cubic meters of gas from Russia in 2014, reports ITAR-TASS.
Kiev will start "stealing" natural gas from the transit pipeline to Europe in fall so natural gas supplies should be diversified, Russian presidential administration head Sergei Ivanov said.
Moscow expects that the European Commission-Russia working group over the South Stream pipeline project will resume its work; consultations are already getting under way, said Russian Foreign Minister Sergei Lavrov. "Regrettably, the activity of this working group was frozen at the behest of Brussels.
The West does not favor the implementation of the South Stream gas pipeline as it fears losing control over Ukraine's gas transit network, the Russian ambassador to the EU, Vladimir Chizhov told the Russian news agency RIA Novosti, in an exclusive interview on Friday.
A US investment fund, Oppenheimer Quest for Value, has invested $1 million in Gazprom's securities despite the ongoing gas dispute between Russia and Ukraine, the Prime news agency reports.
Ukrainian Energy Minister to discuss reverse gas supply via Slovakia with EU's Oettinger in Brussels
If Russia stops delivering gas, Moldova could be able to receive a six months' supply from Ukrainian inventories, Moldovan Foreign Affairs and European Integration Minister Natalia German said. "There is the ability to supply gas to Moldova out of Ukraine's internal reserves, for at least half a year in the event of force-majeure circumstances," German, who is also a deputy prime minister, said in an interview with the Romanian media.
Russian President Vladimir Putin is expected to pay an official visit to Vienna on Tuesday at the invitation of Austrian President Heinz Fischer. During the visit, Putin will hold negotiations with his Austrian counterpart and will meet with Federal Chancellor of the Austrian Republic Werner Faymann to focus on trade, investment and joint projects in the field of energy, transport and high technologies, Russian presidential aide Yury Ushakov said earlier.
After the new contract between Gazprom and CNPC was signed, the western media was quick to claim that Russia's gas giant would not be able to fund the pipeline needed to deliver natural gas to China.
The Prime Minister of Ukraine, Arseniy Yatsenyuk has unveiled a new strategy for dealing with the consequences of the ongoing "gas war" with Russia. His government proposes a massive fuel switch program intended to save the Ukrainian industry and utility sectors, but the whole scheme, an attempt to wean Ukraine off natural gas, looks more like a pipe dream.
Several participants in the South Stream gas pipeline project are coming under pressure, Russian Energy Minister Alexander Novak said at the Global Petroleum Congress in Moscow on Thursday. "The European Commission has taken a harsh position on the operation of transnational infrastructure projects with Russian participation: the OPAL gas pipeline, South Stream, Yamal-Europe. Today certain partners in the South Stream project are coming under pressure," Novak said.
A resumption of gas talks with Ukraine is possible only if Kiev pays its debt for Russian gas, Energy Minister Alexander Novak told journalists. "You ask this question every day. The situation has not changed. Nor has Russia's position. We are awaiting payment for Russian gas. After that the issue of conducting additional consultations can be examined," Novak said.
Ukraine and Hungary have discussed the possibility of increasing reverse supplies of natural gas, the Ukrainian Energy and Coal Industry Ministry said in a press release. This issue was brought up during a visit to Hungary by Ukrainian Energy and Coal Industry Minister Yury Prodan and Naftogaz of Ukraine head Andrei Kobolev, who met with Hungarian Minister for Foreign Trade and Foreign Affairs Tibor Navracsics and National Development Minister Miklos Sesztak.
Leaders of Russia and Serbia reaffirm the need to implement the South Stream project, the Russia's Foreign Minister Sergei Lavrov said. The agreements between Moscow and Belgrade regarding the timeline of the South Stream pipeline construction remain in effect, Russian Foreign Minister Sergei Lavrov said.
The last round of negotiations between Gazprom and the Ukrainian government yielded no positive result. What will happen next, after Gazprom decided to pull the plug on its Ukrainian exports?
Russia will resume gas supplies to Ukraine only after it pays the debt and makes a prepayment, Prime Minister Dmitry Medvedev wrote on his Facebook account on Monday, June 16.
Russian Prime Minister Dmitry Medvedev is holding a meeting with Energy Minister Alexander Novak and Gazprom CEO Alexei Miller to discuss Russia’s further actions in relation to the Ukrainian gas debt issue.
Gazprom imposes advance payment requirement for gas deliveries to Ukraine, files $4.5 bln lawsuit in Stockholm arbitration
Russia's energy producer Gazprom is preparing to switch its natural gas deliveries to Ukraine to a prepayment system, which effectively means cutting-off gas supplies if Kiev fails to pay $1.95 billion by 10 am Moscow time (6 am GMT). The latest round of crunch talks ended without an agreement late on Sunday night, with Gazprom reaffirming its unyielding position, according to the gas firm's spokesman Sergei Kupriyanov.
Ukraine and Russia failed to reach agreement Saturday in talks aimed at averting a halt in Russian gas supplies, but the two sides will meet again Sunday, Kiev's energy minister said. "No solution was found, and the negotiations will continue Sunday morning," Yuri Prodan told journalists.