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Germany Starts Gas Deliveries to Ukraine

Business » ENERGY | April 15, 2014, Tuesday // 14:20| Views: 1204 | Comments: 8
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Bulgaria: Germany Starts Gas Deliveries to Ukraine German deliveries start days after Russian energy giant Gazprom said it was scrapping a special pricing regime which Ukraine had been enjoying for the last few years. Photo by EPA/BGNES

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%.

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» To the forumComments (8)
#8
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#7
Dogfish - 15 Apr 2014 // 19:55:17

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.

#6
Wankers - 15 Apr 2014 // 16:49:44

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.

#5
Warfou - 15 Apr 2014 // 16:22:36

Indeed, but the Russia's "Slavonic brothers" Ukrainians, Poles, Czechs and Slovaks have to pay much higher price than Germany and France (guess why). So, to pay German rates is a good deal for the Ukraine, nevertheless.

#4
Optimistic - 15 Apr 2014 // 15:32:32

Yes Warfou, Germany buys the gas from Russia and sends it to the Ukraine, at least the Germans will pay the gas bills so that will help trade in the region.

#3
Warfou - 15 Apr 2014 // 14:56:53

Don't worry Optimistic, Germans are Germans, they are always well prepared. They have big reserves and Putler will never risk to cancel gas contracts with them, they are too strong for that.

#2
Optimistic - 15 Apr 2014 // 14:45:07

LOL Filthy Mouth Germany gets 30% of its gas from Russia, where can it get the gas to supply the Ukraine?

#1
Filthy Mouth - 15 Apr 2014 // 14:35:32

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.

LOL

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