Europe & Eurasia Energy News Articles for February 14, 2014

Energy Technology and Governance Program

             

 Weekly collection of energy news articles for the region.  Click on the links for access to original publications


USAID/USEA ETAG Upcoming Events

February 18         USEA Technology Briefing – “The “Smarter” Grid: Today vs. Yesterday.” 10:00 AM – 11:30 AM, USEA Executive Conference Room Washington, DC

March 3               Stakeholder Workshop Reporting on the Findings of the USAID/USEA Romania-Ukraine-Moldova (RUM) Transmission Interconnection Study Chisinau, Moldova

 

March 4               USAID/USEA Black Sea Regional Transmission Planning Project (BSTP) Working Group Meeting on Implementing the ENTSO-E Cost Benefit Assessment Methodology for Candidate Transmission Lines of Regional Significance Chisinau, Moldova

 

March 5               Joint Meeting: USAID/USEA Black Sea Regional Transmission Planning Project (BSTP) & USAID/NARUC Black Sea Regulatory Initiative (BSRI) on Incorporating Clean Energy Policy & Regulatory Drivers in Regional Transmission Planning Scenarios Chisinau, Moldova

 

March 6               USAID/USEA Armenia-Georgia Network Integration Working Group Meeting Chisinau, Moldova

 

April 23               USEA Annual Membership Meeting and Policy Forum  Washington, DC

 


Albania

Energetic approach of Albania economy – (Hurriyet Daily News) We can see the future development of the sector of energy in Albania through some very important steps: Structural reform on energy, affecting the whole sector, and specifically in each branch – electric energy, hydrocarbons, renewables and bio energy…

 

Ilır Bejtja remarks on Albanian economy at the Eurasia Economic Summit – (Balkans) We can see the future development of the sector of energy in Albania through some very important steps: Structural reform on energy, affecting the whole sector, and specifically in each branch – electric energy, hydrocarbons, renewables and bio energy…

 

Albania: Stream Oil & Gas provides update on status of Delvina gas field development – (Energy-pedia) Stream Oil & Gas has provided an update regarding the status of its Delvina gas project. The drilling rig for the first Delvina horizontal gas development well (D34H1) arrived in Albania, cleared customs and is en route to the Delvina gas field for an expected spud date in March 2014…

 


Bulgaria

Bulgaria Unbundles Electricity System Operator from National Electricity Company– (Publics) Bulgaria’s biggest state-run structure within the national energy sector – the Bulgarian Energy Hilding (BEH), reported on Feb 6, that it has successfully accomplished the final stage of the break-up of the Electricity System Operator (ESO) and the National Electricity Company (NEK). Until recently NEK had ownership of the electricity grid and adjacent infrastructure…

Bulgaria's Electricity System Operator, National Electric Co Separate – (Novinite) The final stage of the separation of the National Electric Company (NEK) and the Electricity System Operator (ESO) was wrapped up on February 4. According to a media statement of the Bulgarian Energy Holding (BEH), the separation of grid ownership and the relevant assets of the two companies was the final stage in the implementation of requirements of the European Commission…

Bulgaria: ESO Finally Separates from National Electricity Company – (Energetika) A number of substations, transmission lines, warehouses, dispatch point buildings, land, and other facilities have been joined to ESO, as shown by a reference in the Commercial Register…

Bulgaria does not intend to buy shares of electricity distribution companies: minister – (Focus) ”The state does not currently intend to buy shares of electricity distribution companies,” Economy and Energy Minister Dragomir Stoynevsaid speaking before journalists, FOCUS News Agency reported.  He remarked the electricity distribution companies were private companies and the state could not interfere with their functioning…

Bulgaria's Energy Strategy Due by End-February – Minister– (Novinite) Economy and Energy Minister Dragomir Stoynev has vowed that Bulgaria's energy strategy will be ready by end-February.  Speaking Friday at a sitting of the public council on energy with the Minister of Economy and Energy, Stoynev explained that the main goal of the strategy was to outline the development of the different types of energy sources…

Bulgaria needs energy security and independence, from new industrialization: minister – (Focus) BSP managed to protect the stability of the state through its representatives in the government, Minister of Economy and Energy and member of BSP Dragomir Stoinev said at the sitting of the 48th Congress of the Bulgarian Socialist Party (BSP), a reporter of  FOCUS News Agency  announced…

Bulgarian Electrical Distribution Companies (EDCs) to Request New Increase in Price of Electricity – (Energetika) Last week it became clear that the provider of electricity in southeastern Bulgaria, EVN, also has an intention to ask the State Commission for energy and water regulation…

Bulgaria Govt Doing its Best to Avoid Power Price Spike – MP – (Novinite) Socialist MP Yavor Kuyumdzhiev has assured that the government will do everything possible to prevent electricity prices from increasing…

Electric Power Utilities in Bulgaria Alert of Need of Price Hike – (Novinite) Electric power distributors in Bulgaria have voiced concern over power outages and the need to increase electricity prices between 7% and 9%. "There is urgent need of such increase, most likely to become effective July 1, 2014. In 2013, prices were lowered on 3 occasions, nearly at the full expense of the power utilities…

Bulgarian Electricity Distributors Request Higher Prices from the Regulator – (Publics) Two electricity price cuts, the latest chipping off 10 percent of night time household tariffs, paired with decreased acknowledged technical loses have greatly burdened Bulgarian electric utilities since Aug 1, 2013, which reported drastic cuts in investment programmes…

 

Bulgarian EIA Approved for South Stream Offshore Pipeline – (Energetika) The news was announced by the company South Stream Transport, which hopes to obtain all needed permits and start construction in mid-2014. The Bulgarian Ministry of Environment and Water: South Stream Offshore…

 

Bulgaria Gives Green Light to Sea Segment of South Stream – (Novinite) The Bulgarian Ministry of Environment and Waters has approved the environmental impact assessment for the sea segment of the South Stream gas pipeline. The conclusion of the report is that the Russian-sponsored project would not affect significantly the environment…

 


Croatia

Croatia Wants More Underground Power Facilities After Cold Snap – (Energetika) Milanović and Economy Minister Ivan Vrdoljak visited Gorski Kotar on 5 February to witness the damage on the ground. According to the state-owned electricity supplier Hrvatska Elektroprivreda (HEP)...

Croatia receives €10 million loan for investments in energy efficiency and renewable energy– (Balkans) The EBRD is providing a €10 million loan to Erste Bank Croatia for on-lending to private companies and municipalities for investments in energy efficiency and renewable energy projects…

Boris Miloš: HT Wants to Become Top Alternative Electricity Supplier in Croatia – (Energetika) What motivated HT to join the local electricity market?The key factors for success in this business are a mass-market approach, knowledge, experience, and billing and customer care…

EBRD is providing a €5 million loan to Croatia's Atlantic Grupa’s Serbian operations – (Balkans) The EBRD is providing a €5 million loan to Atlantic Grupa’s Serbian operations for energy efficiency and resource efficiency improvements. Croatia’s Atlantic Grupa d.d. is one of the biggest regional food producers in south-eastern Europe. The EBRD financing is part of a wider package arranged in November 2012…

EBRD Extends Loan for Energy Efficiency, Renewable Sources in Croatia – (Energetika) “The loan comes under the Western Balkans Sustainable Energy Efficiency Facility II (WeBSEFF II) launched last year to support efforts towards the improved use and conservation of energy in the region...

Erste Bank Croatia joins energy efficiency drive (EBRD) The EBRD is providing a €10 million loan to Erste Bank Croatia for on-lending to private companies and municipalities for investments in energy efficiency and renewable energy projects…


Kosovo

Electricity transmission system operators of Serbia and Kosovo* sign first-ever agreement governing their bilateral relations – (Energy Community) A Framework Agreement governing the operational and commercial relations between EMS of Serbia and KOSTT of Kosovo* has been signed by both companies’ general managers. The legally-binding Agreement constitutes a milestone in normalizing the relations between the two electricity system…


 Macedonia

Energy Community regulators define their 2014 priorities – (Energy Community) The Energy Community Regulatory Board (ECRB) has published its 2014 Work Programme. Activities will continue focusing on electricity, gas and customer aspects. Commenting on the new work programme, ECRB President Branislav Prelevic underlined, “With the opening of the retail markets coming on the agendas of the regulators, not only customer…


 

Montenegro

Secretariat initiates dispute settlement cases against five Contracting Parties for failure to adopt National Renewable Energy Action Plans – (Energy Community) On 11 February 2014, the Energy Community Secretariat sent Opening Letters to Albania, Bosnia and Herzegovina, former Yugoslav Republic of Macedonia, Montenegro and Ukraine for failure to comply with Energy Community law related to renewable energy…


Romania

 

Gas Market for Romanian Industrial Consumers to be Fully Deregulated by July 2014 – (Energetika) Schaechter said that Romania fulfilled its obligations regarding deregulation. The result is an earlier liberalisation of the market for industrial gas consumers as of 1 July 2014, instead of 31 December 2014…

 

Energy minister-delegate: Romania to ship natural gas only after domestic production covers national demand – (ACT Media) Romania will ship natural gas only after the national demand is covered by the domestic production, Minister-delegate for Energy Constantin Nita said in an interview with Agerpres.He stressed the Romanian gas exports will be possible only depending on the demand in the domestic market and meeting the national consumption is a priority…

 

Vestas to tend 84MW in Romania – (RE News) Vestas has bagged a 15-year service contract at the 84MW Topolog Dorobantu wind farm in Romania.  The facility in Tulcea County features 42 of the Danish manufacturer’s V90 2MW turbines (pictured) and is one of the largest wind projects in the nation…

 

Vestas Secures 84 MW Service Agreement with an Option for Up to 150 MW in Romania – (Newswire Today) The last of the 42 turbines is expected to be installed within April this year. The order has been placed by LUKERG Renew, a joint venture between ERG Renew and LUKOIL. ERG Renew is Italy’s largest wind energy producer…

 

Vestas Secures 15-Year Service Agreement In Romania – (Wind Power) Vestas has secured a 15-year service contract covering 42 V90-2.0 MW turbines at the Topolog Dorobantu wind power plant, located in Tulcea County, Romania. The company says the 84 MW agreement has an option for up to 150 MW…

 

Romania's Energy Production Fell 6.2% in 2013 – (Energetika) The country’s electricity production and imports were 58.944 billion kWh, down by 3.2 percent compared to 2012.Romania’s final electricity consumption in 2013 totalled 49.790 billion kWh, 6 percent lower than 2…

 

Romanian state-run nuclear power company expects its net profit to fall – (Balkans) Romanian state-run nuclear power company Nuclearelectrica (SNN.RO) expects its net profit will fall sixteen-fold to 27.9 million lei (EUR6.23 million) in 2014, from a record profit of RON456.7 million envisaged for last year, largely due to lower operating income…

 

Romanian city organises shale gas referendum – (Focus) Murgeni, a town in Vaslui County, Romania, has decided to hold a referendum on shale gas exploration and production in the region, Mediafax reported, as cited by Capital Daily…


Serbia

Serbia provides energy assistance to Slovenia – (Energetika) Five high-capacity generators have been sent to Slovenia via the Serbian emergency department, which is part of the ministry, in an effort to help the citizens who were left without power…

 


Armenia

Former PM: Will Gazprom halt development of renewable energy in Armenia? – (News AZ) The government must check whether agreements with Gazprom will interfere with development of renewable energy in Armenia, opposition MP said in parliament. Hrant Bagratyan, former prime minister of Armenia, believes the parliamentary majority is wrong by refusing to set up a working group to study gas deals with Russia…

 

Russian-owned International Energy Corporation pledges 21.5 billion dram investment into Hrazdan-Sevan Cascade – (ARKA) Armenia’s Public Services Regulatory Commission (PSRC) has approved today the investment program of Russian-owned International Energy Corporation which owns and operates the Sevan-Hrazdan cascade of several hydropower plants for 2014-2018 worth 21.5 billion drams…

 

 Armenia reduces gas import by 3% – (ArmenPress) The volumes of the natural and liquid gas, imported to the Republic of Armenia, have reduced by 2,86% in comparison with the last year, making 2 billion 333 million 449 thousand cubic meters…

 

 Armenia may buy back its stake in national gas operator- lawmaker – (ARKA) Armenia may  buy back the 20% stake  in the national gas operator (ceded to Russian Gazporm in return for half of a $300 million debt incurred by the Armenian government by subsidizing the price of gas)  in case the Russian giant fails to meet its contractual obligation, Artak Davtyan, a lawmaker from the ruling Republican Party of Armenia said today…

 

 Armenia: Secret of gas agreements – (Vestnik Kavkaza) Interest to Armenian-Russian gas agreements is still high. Citizens are concerned about gas prices which surpass the last year price by 30%.  Recently the spring session of the National Assembly (NA) has begun. 49 MPs from four opposition parties (Armenian National Congress (ANC), Dashnaktsutyun, Heritage, and Prosperous Armenia) proposed establishing of a non-permanent parliamentary commission…

 

 Illegal tree felling in Armenia due to expensive gas – (Trend) The cases of illegal felling of trees have increased in Armenia.  Environmentalists say this has been caused by the increase in gas prices, tert.am reported on Feb. 7.  "Cases of illegal tree felling this year have increased as the higher gas prices have inflicted severe damage to our forests…

 


Azerbaijan

Azerbaijan to become energy pillar for EU – (Azernews) Azerbaijan promises to be a reliable energy resource and energy pillar for the European Union (EU), an energy-consumption region with an expanding market and high level of modernization and technological diversity, Stejărel Olaru said on February 3…

Azerbaijan ready to supply energy resources to Turkey at affordable price: minister – (Azernews) Azerbaijan is ready to supply Turkey with energy resources at affordable prices, local Turkish media quoted Azerbaijani Energy Minister as saying on February 8.  Natig Aliyev noted that Azerbaijan and Turkey are bound by major economic projects that will be implemented in the future…

17 electric stations put into operation in Azerbaijan over 10 years – (Trend) Azerenerji (production and distribution of electric energy in Azerbaijan) is planning to put into operation the second gas facility at the "Shimal" electric station in Baku by the end of 2014, head of "Azerenerji" Etibar Pirverdiyev said at the conference…

Minister: Azerbaijan ready to export energy resources to Turkey at affordable prices – (Trend) Azerbaijan is ready to supply Turkey with energy resources at affordable prices, Azerbaijani Energy Minister Natig Aliyev said, Turkish online newspaper Malatya Guncel reported on Feb. 8…

Azerbaijan plans rational use of energy resources – (Azernews) Azerbaijan has started working on the development of a national program for the rational use of energy resources of the country in 2014-2020, Energy Minister Natig Aliyev said on February 5.  "There is a need to develop a national program for the rational use of natural resources of Azerbaijan in 2014-2020 to maintain consistency and purposefulness of work conducted to ensure the rational use of energy resources," he said…

Energy saving potential in Azerbaijan exceeds fuel balance of country by 20% – (ABC.AZ) European experts are impressed by estimates of the energy saving potential made in Azerbaijan.  One of such professionals has stated that estimates of the potential of energy saving made by Energy Minister Natig Aliyev are much higher than the country’s fuel balance…

Azerbaijani energy operator to increase power of country's largest substation – (Trend) Azerenergy Joint Stock Company, which is engaged in production and distribution of electricity in Azerbaijan, will increase the capacity of the Absheron substation (the largest substation on Azerbaijan's power grid) to 1200…

EU formal recommendations on energy efficiency in Azerbaijan can come in March – (ABC.AZ) The Project “Energy Saving Initiative in the Building Sector in Eastern Europe and Central Asia” (ESIB) of INOGATE program of the European Union has not given its official recommendations for Azerbaijan…

Energy saving potential in Azerbaijan estimated at 10 million tons of coal equivalent a year – (ABC.AZ) Azerbaijan has, in essence, small energy saving potential among the CIS countries.  Energy Minister Natig Aliyev has stated that if the energy saving potential in the CIS countries is estimated at 450 million tons of fuel…

Opening of Southern Gas Corridor important for Azerbaijan’s oil and gas sector – (Trend) The choosing of the Trans-Adriatic (TAP) gas pipeline as a route of exporting Azerbaijani gas to Europe, will also lead to an increase of investments alongside the rational use of energy resources and strengthening of energy security, according to an article by Azerbaijani Energy Minister Natig Aliyev published in the Azerbaijan newspaper on Feb.5…

Robert Cutler: Russia's South Stream project will seek to minimize volumes of Azerbaijani gas to Southeast Europe – (PanoramaAM) Shah Deniz Two is not a means of countering South Stream. Rather, South Stream (announced in 2007) was a means of countering the original Nabucco pipeline (joint venture agreement signed in 2005)…

 


Georgia

International Organizations Come to Georgia to Explore Opportunities – (EIN News) For the first time in its history Georgia hosted the leading regional event - the South Caucasus Infrastructure and New Energy Investment Summit…

Georgia Now Exporting Green Energy to Turkey – (Transmission & Distribution World) Turkey has a growing demand for power. Georgia has an abundance of renewable power sources, such as hydro and wind. Georgia's grid network was not designed as a network for an independent state, as it was part of the power supply in the Caucasus that was linked to the Soviet republics…

Azeri natural gas in Georgia – (The Messenger Online) Over the last two years, transportation of Azeri natural gas via Georgia has decreased. Accordingly, Georgia received less natural gas for the transit of Azeri gas through Georgia. In 2013 Georgia received 677 million cubic meters of gas, which is 40 million cubic meters less than in 2012 and 60 million cubic meters less than in 2011…

Azerbaijan increases gas supply to Georgia – (The Messenger Online) In 2013 Azerbaijan supplied approximately 1.9 billion cubic meters of natural gas to Georgia, which is 36% more than in 2012. In addition, SOCAR Energy Georgia, the daughter company of the State Oil Company of the Azerbaijan Republic constructed more than 1,000-kilometers of the natural gas network for distributing gas in Georgia…

Georgia Needs Investments to Save Energy and Use Resources, Energy Summit  – (Financial) To support the Georgian energy and infrastructure sector the European Investment Bank is investing EUR 409 million in the sector,  Asian Development Bank (ADB) - USD 500 million, and EUR 100 million is being allocated from KFW, a German government-owned development bank. International…

Georgia searches for oil fields – (Vestnik Kavkaza) Georgian Energy Minister Kakha Kaladze said that the republic was searching for oil fields. He noted that 680 million tons of oil had been found so far, Trend reports…

Construction of intersystem transmission power lines starts in Georgia – (Trend) The construction of 500 kilovolt intersystem transmission power lines is starting in Georgia's Dariali Gorge. Georgian Energy and Natural Resources Minister, Kakha Kaladze told journalists on Tuesday that yet there is no specific project on construction…

South Caucasus Infrastructure and new energy investment summit – (The Messenger Online) The first international exhibition of city infrastructure, regional development, and communal services was held at Expo Georgia on February 6. During the exhibition, the New Energy Summit was held by the Convention Ventures-Euroconventional Global-Belgium…

 


Moldova

Improvements to water services in Moldova to be financed – (News Agency) The European Investment Bank (EIB), European Bank for Reconstruction and Development (EBRD), and the European Union, through the Neighbourhood Investment Facility, are joining forces to support the modernisation of water and waste water…

 

Secretariat concerned about the independence of the regulatory authority in Moldova – (Energy Community) The Secretariat of the Energy Community has serious concerns about the continued prosecution of Victor Parlicov, Director General of the national energy regulator of Moldova, ANRE. Mr Parlicov had been removed from office for the first time in July 2013 by the Parliament of Moldova on political grounds…

 


Turkey

Turkey to save $275 billion biomass energy – (World Bulletin) Renewable energy plants constructed in the last 10 years will save Turkey $275 billion in natural gas imports over the next 49 years, Turkey’s Energy Minister Taner Yildiz said on Wednesday.  During his speech at the "Atlas for Biomass Energy Potential" publicity meeting in Ankara, Yildiz said biomass energy represents 17 percent out of the world's renewable energy sources…

 

Turkey’s gas trading hub dream realistic: Study – (Daily News) Turkey’s vision of becoming a gas trading hub is realistic given its diversity of supply but it would need to speed up market reform and invest more in gas infrastructure, an Oxford University study said on Feb. 10…

 

Turkey could boost its position as a natural gas trading hub– (Balkans) Turkey’s vision of becoming a gas trading hub is realistic given its diversity of supply but it would need to speed up market reform and invest more in gas infrastructure, an Oxford University study said on Feb. 10…

 

 Genel Energy completes pipeline to Turkey – (Arabian Oil and Gas) Genel Energy, an independent oil and gas company with exploration activities in the Kurdistan Region of Iraq, has completed the pipeline infrastructure to export Kurdish crude to Turkey…

 

Foreign investors focus on Turkey’s vastly underutilized geothermal energy sources – (Balkans) Turkey’s vastly underutilized geothermal energy sources are entering into the focus of foreign investors. A letter of intent signed between Turkey’s Sun Group and Japanese-owned Italian manufacturer of Organic Rankine Cycle turbines…

 

 Photovoltaic module maker Talesun plans to invest in Turkey's solar energy sector – (Balkans)  Photovoltaic module and panel maker Talesun joins the series of Chinese companies investing in Turkey’s solar energy sector. The company has entered into a partnership with local company Ege Trade to establish an equal share JV under…

 

 Vestas grabs 207MW in Turkey – (REnews) German outfit EnBW Energie and Turkish player Borusan have signed a framework agreement with Vestas for hardware at five wind farms in Turkey totalling 207MW.  The Danish manufacturer will supply 67 of its V112 3MW turbines (pictured) to be built in stages at five locations in Turkey…

 

 ‘Turkey in talks with Iran for Europe gas delivery’ – (PressTV) Turkey has started talks with Iran with a view to striking a deal for the construction of a gas pipeline that would carry natural gas from Iran to Europe via Turkey, a Turkish paper reports…

 

Turkey aims to produce more wind power – (TurkishPress) Turkey is aiming to supply 20 percent of its total energy demand from wind energy by 2023, according to Mustafa Serdar Ataseven, Chairman of the Turkish Wind Energy Association (TWEA) in Ankara…

 

Companies generating renewable energy loaned free public land – (WorldBulletin) Turkey to give public land to companies who produce their energy by renewable source operations. Companies that are generating their own energy by renewable sources - such as solar or wind power - will be able to use public land free of charge, according to a new law that came into effect last Friday…

 


Ukraine

European Parliament calls for additional efforts to integrate Ukraine into the EU’s energy market via the Energy Community – (European Community) In a resolution on the present situation in Ukraine, the European Parliament stressed that “further efforts should be made to include Ukraine in the EU’s energy market via the Energy Community”. The resolution was adopted in Plenary on 6 February 2014 in Strasbourg…

 

Energy ministry orders heightened security measures at Ukrainian GTS – (Kyiv Post) The Energy and Coal Industry Ministry of Ukraine has ordered heightened security measures for the Ukrainian gas transport system from Tuesday, February 11 to ensure the provision of domestic consumers with natural gas and stable gas transit…

 

Arbuzov: Ukraine, EBRD continue fruitful cooperation – (forUm) The Government continues systematic cooperation in the energy sector with the European Bank for Reconstruction and Development (EBRD), acting Prime Minister of Ukraine Serhiy Arbuzov announced.  "I want to thank our colleagues from the EBRD for systematic support of the energy sector. Being the largest investor in Ukraine, the bank supports us in the implementation of major projects in the energy sector…

 

Ukraine: Electricity Market Reform – (Mondaq) On 24 October 2013, Ukrainian Parliament adopted the Law of Ukraine "On Principles of Functioning of the Electricity Market of Ukraine" No. 663-IV (the "Law"), which became effective from 1 January 2014. According to experts of the Ministry of Energy and Coal Industry of Ukraine, the main purpose of the Law is to liberalize the country's wholesale electricity market and to create an effective competitive electricity market consistent with the basic requirements of EU legislation…

 

Ministry of Energy and Coal Industry of Ukraine wants to replace ethanol in gasoline by bio-component based on it – (Pelllets-Wood) The Ministry of Energy and Coal Industry of Ukraine has proposed to replace bioethanol, which is included in the composition of gasoline, by bio-component based on it, and also to increase the amount of it in fuel to 10 % by 2016…

 

The Politics of Energy Dependency: Ukraine, Belarus, and Lithuania Between Domestic Oligarchs and Russian Pressure – (SHU) Recent events in Ukraine again bring up the question of Ukraine’s energy policy choices and the role of powerful domestic groups in relations with Russia and the EU…

 

Russia presses Ukraine on gas debts as leaders meet – (Reuters) Russia increased economic pressure on Ukraine on Saturday by drawing a link between disbursement of the next tranche of its $15 billion aid package to Kiev with repayment of a hefty gas bill owed to Russian firms…

 

Reuters: Russia presses Ukraine on gas debts – (Kyiv Post) Russia increased economic pressure on Ukraine on Saturday by drawing a link between disbursement of the next tranche of its $15 billion aid package to Kiev with repayment of a hefty gas bill owed to Russian firms…

 

Kremlin Says Ukraine Gas Deals Safe — If Kiev Pays – (The Moscow Times) Russia has signaled that it could toughen demands for gas payments from Ukraine if Kiev fails to fulfill existing agreements, increasing pressure on an ex-Soviet neighbor gripped by an economic and political crisis…

 

Average price of gas imports to Ukraine in January is $398.14 per 1,000 cubic meters – (Kyiv Post) The average customs value of gas imported by Ukraine in January 2014 increased by 1.5% ($5.83) compared to December 2013, to $398.14 per 1,000 cubic meters…

 

Ukraine in January boosts gas transit to Europe by 5.3% – (Kyiv Post) Natural gas transit through Ukraine to Europe in January 2014 increased by 5.3% compared to January 2013, to 7.4 billion cubic meters, the press service of PJSC Ukrtransgaz has said…

 

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