The Wall Street Journal reported that Ukraine Prime Minister Mykola Azarov said that over the next three years the country plans to increase its natural gas production by up to 20 percent in an attempt to mitigate dependence on Russia.
Ukrainian Journal cited Ms Yulia Tymoshenko Prime Minister of Ukraine as saying that Naftogaz Ukrayiny will continue pumping gas into underground storage facilities in July. For full story, click here
Russia’s prime minister declared that could not help Ukraine pay for Russian gas deliveries as Kiev signaled it was having difficulties raising funds. For full story, click here
The Russian energy giant Gazprom has extended the deadline for the payment for the natural gas that the Ukraine received in May 2009. For full story, click here
Ukrainian Journal declared that Ukraine must be paid in full for Russian natural gas supplies in March, meeting the deadline of April 7th and averting a clash and supply disruptions. For full story, click here
Verkhovna Rada deputy of the Our Ukraine People’s Self-Defense Bloc faction-former chairman of the parliament Arsenii Yatseniuk has called for authorization of Ukraine to extract natural gas in Russia in exchange for Russia’s participation in the control over the Ukrainian gas transport system. For full story, click here
Russian Prime Minister Vladimir Putin has declared a gas plan presented by Ukraine to the European Union to be ill-considered and unprofessional. For full story, click here
Ukraine says modernizing its outdated gas pipeline system will cost $7.5 billion. For more story, click here
Russia announced that it will not seek reparations from Ukraine for importing less natural gas than the volume stipulated in the contract with Russia’s Gazprom. Prime Minister Vladimir Putin, said: Ukraine is currently not buying the volume of gas from us that it was contracted to do, and should pay a fine for this. We [...]
Prime Minister Vladimir Putin threatened that Russia would cut natural gas to Ukraine if it wasn’t paid by a Saturday deadline, a warning that revived worries about supply cuts to Europe . For full story, click here
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