Tuesday, September 16, 2014

Ukraine warns Russian in the matter of natural gas.

Ukraine warns of painful winter due to Russian natural gas cut Ukraine warned that it will have to adopt deeply unpopular energy savings measures this winter should Russia fail to lift its suspension of natural gas sales to the West-leaning ex-Soviet neighbour.
Ukrainian Energy Minister Yuriy Prodan said the conflict-torn country will probably soon encounter severe energy shortages despite efforts to diversify its gas supply base.

"I think we can live through the fall and winter, although we will have to adopt some rather unpopular measures, including administrative ones aimed at reducing energy consumption," Prodan told an international forum in Kiev.
He accused Russia of "using gas as a political tool" and reported a shortage of gas in the country's underground storage tanks.
Poland said it had resumed its so-called "reverse flow" gas deliveries to Ukraine after a brief interruption it blamed on an unexplained cut in Russian supplies.
But its daily shipment of four million cubic metres accounts for just three per cent of the gas Ukraine consumed last year.
Russia in June halted gas exports to Ukraine after Kiev balked at paying higher prices that Moscow demanded in the wake of the February ouster of a Kremlin-backed president.
Ukraine last year imported half of the gas it consumed from Russia. It is currently trying to make up for the difference by boosting imports from its western European allies.
Ukraine's energy problems have been compounded by five months of fighting between government forces and pro-Kremlin insurgents in Donbass -- an eastern region responsible for most of the country's coal production.
The chief executive of DTEK an energy holding owned by powerful tycoon Rinat Akhmetov said Ukraine will have to import both coal and electricity from Russia this winter because of a work stoppage in the region's mines.
Maksym Tymchenko said., "We have no choice but to start importing electricity from Russia.
We are dependent on Russia not only in gas supplies, but also coal and electricity,".

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