Germany Starts Gas Deliveries to Ukraine
German RWE has started delivering gas to Ukraine via Poland.
RWE uses the services of Polish gas-transit company Gaz System, which has reported it will provide to Ukraine around 4 M cubic meters of gas on Wednesday, April 16, according to RBC Daily.
Under an existing agreement which will be in force until May 2017, RWE could deliver up to 10 B cubic meters of gas per year to Ukraine.
Ukraine's Energy Minister Yuriy Prodan was earlier quoted as saying that the country's EU-originated gas supplies would be secured by France and Germany.
Kiev has agreed to pay USD 386 per a cubic meter for the upcoming deliveries.
Previously, Polish gas infrastructure was used to supply Ukraine in November 2012, but the process came to a halt after Moscow offered Kiev a 30% gas price discount.
It used a special pricing regime to receive gas from Moscow before April 1, when Russia's Gazprom announced it was scrapping gas discounts and increased the cost by 80%.
- » Bulgaria 'Offers Azerbaijan Energy Cooperation Package'
- » Mining Industry Accounts for 5% of Bulgaria’s GDP – Energy Minister
- » Price of Natural Gas in Bulgaria May Drop by over 13.6% as of October
- » Watchdog OKs Agreement between Bulgaria’s National Power Co, ContourGlobal Maritsa East 3 TPP
- » Bulgarian Authorities Place Seals on 660 Tonnes of Fuel amid Filling Station Probes
- » US-owned TPP AES Bulgaria Finalizes Agreement with National Power Utility
Norway and Holland have big reservoirs they have conserved as strategic reserves, exactly for a situation where some louche dictator would try to blackmail us. And many factories that now use gas can switch to oil (like they will be ordered to do when winters get severe) We did learn from the 1973 oil crisis.... Putin doesn't learn from history, he just longs back to the time when the rest of Europe was afraid of Russia.
Hahahaha, Putin wins again. Gas will be paid by Germany(contrary to gas that was not paid), who will pay Germany is not really clear. Certainly not the Ukraine because they don't have any money.
A little cold in the winter and Germany gets in troubles.
It's not a win for Germany, It's not a win for the Ukraine but it certainly is a win-win for Russia. They have guarantees that what they deliver will get paid. And that Ukraine will not attempt to sabotage the pipelines there because then Germany is finished with delivering gas and is big on the asking side.
Russian must be rolling over the floor from laughing.
Hey Optimistic, take this article and shove it up your red KGB loving ass. As you see the EU/USA/IMF will not pay a cent to Gazprom, Germany will instead supply Ukraine with new gas at a much better price than the Russians you love to ass lick.
Go Poland, Go Germany!!
Bye bye Russia, Bye Bye Putin.