Thursday January 26, 2006

Ukraine admits withholding gas from Europe

channelnewsasia.com :

Ukraine has been withholding some Russian natural gas exports meant for customers in Europe, where several countries have reported falls in gas supplies amid a severe cold weather snap, according to an official with Ukraine's state-owned energy firm Naftogaz, who said on condition of anonymity : "We have in fact allowed the withholding of gas in excess of the contract during the past day."

Around 80 percent of Gazprom's exports to Europe pass through a pipeline network located on Ukrainian territory. Temperatures in some parts of the country have plunged to lower than minus 30 C (minus 22 F), placing the country's energy systems under enormous strain. Tensions between Russia and Ukraine have persisted over a new gas pricing deal signed by the two sides on January 4 that resulted in the near-doubling of the price Ukraine pays for natural gas.

European countries including Italy, Austria, Poland, Hungary, Croatia, Slovakia, Romania have recently reported drops in supplies of gas shipped to them by Gazprom. Bosnia said Monday its supplies had been curtailed by one-fourth for the past five days. Gazprom's travails were compounded Sunday when explosions on a section of pipeline in southern Russia halted gas supplies to Georgia.

See also :

1. Russia-Ukraine gas dispute hits supplies
2. Russia, Ukraine reach breakthrough deal ending gas war
3. The Kremlin and the world energy war
4. Blast cuts Russian gas supply

(2006-01-26 18:08:36 SGT) [Energy] Permalink

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