icon bookmark-bicon bookmarkicon cameraicon checkicon chevron downicon chevron lefticon chevron righticon chevron upicon closeicon v-compressicon downloadicon editicon v-expandicon fbicon fileicon filtericon flag ruicon full chevron downicon full chevron lefticon full chevron righticon full chevron upicon gpicon insicon mailicon moveicon-musicicon mutedicon nomutedicon okicon v-pauseicon v-playicon searchicon shareicon sign inicon sign upicon stepbackicon stepforicon swipe downicon tagicon tagsicon tgicon trashicon twicon vkicon yticon wticon fm

Russia warns France of Ukraine gas shortage crisis

Russia warns France of Ukraine gas shortage crisis
Russian Energy Minister Aleksandr Novak has told his French colleague that Ukraine could face a gas shortage this winter. Moscow is trying to avoid a gas crisis similar to the winter of 2006 which left parts of Europe without heat.

"In relation to Ukraine's gas supplies; more than $400 million has been transferred by Naftogaz to Gazprom. The commensurate volume of gas has been supplied to Ukraine,” Novak told French Energy Minister Segolene Royal in Moscow on Wednesday.

RT

Russian energy major Gazprom renewed gas deliveries to Ukraine earlier this month, after receiving a prepayment from Ukraine. Currently $400 million has been paid out of the $500 million agreed for October gas supplies. The EU has allocated $500 million to Naftogaz to ensure 2 billion cubic meters (bcm) of gas is in storage for the winter season. Gazprom says that is not enough to last the winter.

A gas crisis in Ukraine in the winter of 2006 left parts of Europe without heat. Nine years ago, Moscow cut gas supplies to Ukraine after Kiev failed to pay. Transit through Ukraine to Europe continued, but with shortages reported by European countries. Moscow accused Kiev of siphoning gas destined for Europe for its own needs.

Moscow and Kiev reached a deal on renewing gas supplies last month after they compromised over the price. Ukraine agreed to pay a reduced price of $232 per 1,000 cubic meters during the period covered by the contract (October 2015 – to March 2016). Previously, Ukraine was paying $252 per 1,000 cubic meters.

The French Energy Minister is in Moscow to discuss energy cooperation between Europe and Russia. According to the Russian Energy Minister, Ms. Royal confirmed French interest in the Nord Stream 2 project, supplying natural gas from Russia to Northern Europe.

Dear readers and commenters,

We have implemented a new engine for our comment section. We hope the transition goes smoothly for all of you. Unfortunately, the comments made before the change have been lost due to a technical problem. We are working on restoring them, and hoping to see you fill up the comment section with new ones. You should still be able to log in to comment using your social-media profiles, but if you signed up under an RT profile before, you are invited to create a new profile with the new commenting system.

Sorry for the inconvenience, and looking forward to your future comments,

RT Team.

Podcasts