Bulgargaz Head Cancels Moscow Visit

Business » ENERGY | June 8, 2009, Monday // 14:35
Bulgaria Bulgargaz Head Cancels Moscow Visit: Bulgargaz Head Cancels Moscow Visit Gogov had an appointment to meet with Gazprom's CEO, Alexei Miller, Monday in Moscow. Photo by BGNES

The Bulgarian state owned Bulgargaz CEO, Dimitar Gogov, has canceled his visit to Moscow as it is certain that the danger of a new gas crisis has been avoided.

Gogov had an appointment to meet with Gazprom's CEO, Alexei Miller, Monday in Moscow, Bulgarian Energy Holding reported.

A new crisis in the Russian natural gas supplies for Europe was looming as the Ukrainian gas company did not have sufficient funds to pay for the gas it received in May from the Russian energy giant Gazprom.

On Friday, Gazprom even extended the deadline for the payments by two days setting it on June 9.

Naftogaz, and Gazprom announced Sunday, that a payment had been made.

As the Ukraine has paid its dues, however, and a new crisis as the one that left much of Europe without gas in January 2009 has been avoided, Bogdan Sokolovski, Ukrainian President Viktor Yushchenko's special adviser on energy security, has stated that Kiev expected an apology from Moscow because the Russian leadership has expressed doubts whether Naftogaz would be able to pay its bill.

 

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Tags: Naftogaz, Gazprom, Russia, Ukraine, gas crisis, natural gas, Bulgargaz

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