Showing posts with label debts. Show all posts
Showing posts with label debts. Show all posts

Wednesday, October 26, 2016

Bulgaria and Russia sign agreement to settle debt on Belene NPP project — minister

Bulgaria and Russia have signed two agreements to settle the debt on the Belene nuclear power plant project in compliance with the decision of the international arbitration court in Geneva, Bulgarian Energy Minister Temenuzhka Petkova said after talks with First Deputy Head of Russian Nuclear agency Rosatom Kirill Komarov.

Wednesday, December 24, 2014

Ukraine’s Naftogaz transfers $1.65 bln to Russia’s Gazprom under Brussels agreements

Ukraine’s Naftogaz has transferred 1.65 billion U.S. dollars to Russia’s Gazprom as repayment its gas debts, Naftogaz said on Wednesday.

Tuesday, December 23, 2014

Russia to Halt Gas Sales to Ukraine if Kiev Fails to Repay $1.65Bln

Russia will stop gas sales to Ukraine if Kiev fails to repay $1.65 billion of its gas debt to Russia, Energy Minister Alexander Novak said Tuesday.

Wednesday, November 05, 2014

EU to Continue Financial Aid Provision for Ukraine's Gas Debt Repayment (Official)

The European Union intends to continue the provision of financial assistance to Ukraine to help the country repay its debt for Russian gas, EU Ambassador to Russia Vigaudas Ushatskas stated Wednesday.

"Our aid reaches billion euros, including what we have already given and will give [to Ukraine]. We have been helping to reach a treaty between Russia and Ukraine on the whole range of complex gas issues. And we will allocate the amounts that will be needed to pay off [debts for] gas," Ushatskas told Ekho Moskvy radio.

Monday, November 03, 2014

Kiev Agrees With IMF to Pay for Russian Gas During Winter Period From Own Exchange Reserve

Kiev has agreed with International Monetary Fund (IMF) that it will pay for Russian gas during the winter period from Ukraine's exchange reserves, the country's national bank said.

"We managed to agree with IMF that the payments for the gas can be made from our own exchange reserves and IMF will support us. That is why we are confident we can support all the payments to Gazprom on the recent gas agreement," the Head of Ukraine's National Bank Valeriia Gontareva said at the press briefing.

Friday, October 31, 2014

Russia Ukraine and EU agree gas supply deal (Günther H. Oettinger /EC)

From the Official Website of the European Commission, Press release, Brussels, 30 October 2014:

"After seven rounds of gas negotiations, last night's talks moderated by Günther H. Oettinger, Vice-President of the European Commission, yielded finally a breakthrough: A 4,6 billion dollar winter package, agreed by Russia and Ukraine, secures gas for Ukraine - and ultimately also for Europe.

Thursday, October 30, 2014

Gazprom CEO: No gas agreement to be signed until Ukraine, EU agree on financial guarantees

No gas agreements will be signed until “Ukraine and the European Union reach an agreement on financial guarantees,” Alexei Miller, the CEO of Russia’s gas giant Gazprom, said after the first round of tripartite gas talks.
 

He said three documents had been prepared for signing at the tripartite gas talks between Russia, Ukraine and the European Union. According to Miller, these documents are two protocols: a protocol in a trilateral format between Russia, Ukraine and the European Commission and a bilateral protocol between the European Commission and Ukraine.

Wednesday, October 29, 2014

Ukraine, Russia tackle gas crisis as tensions spike

Ukraine and Russia were set Wednesday to resume crunch EU-mediated gas talks aimed at ending a months-long supply cut that threatens to hit swathes of Europe this winter.

The latest negotiations in ­Brussels come a day after Russia stirred ­tensions with its war-torn neighbor further by announcing plans to recognize the disputed leadership polls pro-Kremlin insurgents in eastern Ukraine intend to stage on Sunday.

Tuesday, October 28, 2014

EU energy commissioner, Ukraine energy minister discuss forthcoming tripartite gas talks

European energy commissioner Guenther Oettinger and Ukraine’s Minister of Energy and Coal Industry Yuri Prodan had a telephone conversation on Monday to discuss aspects of the forthcoming tripartite gas talks due in Brussels on October 29, a spokesman for the European Commission told TASS.

According to TASS information, the sides discussed issues of financial guarantees to Ukraine to pay for Russian gas supplies in November-December 2014.

Friday, October 24, 2014

Russia submits draft gas agreement to EU, Ukraine

Russia has submitted a draft trilateral protocol agreement to solve gas dispute to the EU and Ukraine, Energy Minister Alexander Novak told reporters Friday.

“I gave the draft trilateral protocol agreement to our partners in Ukraine and the EU on October 21, it is under their consideration,” Novak said. “I do not have the information on what proposals our partners in negotiations are discussing. They have promised to speak them out at trilateral consultations on October 29,” Novak said.

Tuesday, October 21, 2014

Gas talks: Negotiations to be continued next week

From the Official Website of the European Commission, Statement, Brussels, 21 October 2014:

"At today's gas talks in Brussels, Vice-President Günther H. Oettinger, built on his Berlin proposals and presented ways to secure gas supplies to Europe and the Ukraine during the winter season.

Monday, October 13, 2014

Russia offers Ukraine more flexible schedule to pay gas debt

Russia's Energy Minister Alexander Novak said that Russia offered Ukraine a more flexible schedule to clear the debt for gas, RIA Novosti reports.

Under the new proposal, $1.451 billion is to be paid before the start of gas supplies. The rest of the amount - before the end of the year. The total debt is evaluated at $3.1 billion.

Monday, October 06, 2014

Russian PM Medvedev Urges Compromise on Gas Dispute With Ukraine. "The debts must be paid off..."

MOSCOW, October 6  - Russian Prime Minister Dmitry Medvedev said Monday that the terms of a deal on supplies of Russian natural gas to Ukraine should be acceptable for Kiev, but Ukraine still needs to pay its debts to Russia's energy giant Gazprom. "There is no doubt that we have to continue searching for compromises, we should maintain contacts keeping in mind that the debts must be paid off, but the conditions for Ukraine in this situation must be sufficiently acceptable," Medvedev said at a meeting with Russian Energy Minister Alexander Novak.

Tuesday, September 16, 2014

Reliable Gas Transit to Europe Possible Only If Ukraine Honors Contract (Gazprom)

Reliable Russian gas deliveries to Europe are possible only on the condition that Ukraine’s state-run gas company observes transit agreements, Russian energy giant Gazprom said Tuesday.

Gazprom board of directors discussed future relations with its Ukrainian partner at a meeting Tuesday. The Russian company had to switch to advance payment scheme over Ukraine’s outstanding gas debt of $5.3 billion.

Wednesday, September 03, 2014

Medvedev Names Moscow’s Terms for Resumption of Gas Cooperation With Ukraine

MOSCOW, September 3 (RIA Novosti) – Moscow will resume gas cooperation with Ukraine only when Kiev repays its “astronomical” debt to Russia in full and agrees to the average annual price of $385 per 1,000 cubic meters of gas, Russian Prime Minister Dmitry Medvedev said Wednesday.
“We are ready to discuss ways to resume our gas cooperation with Ukraine, a country that owes us. However, two preconditions must be fulfilled. Firstly, the existing debt, which has already risen to astronomical figures, must be repaid in full. And, secondly, even if the price is subject to seasonal revisions, the average annual price with a $100 discount… must be $385 per 1,000 cubic meters,” Medvedev told reporters, commenting on a recent statement by his Ukrainian counterpart Arseniy Yatsenyuk.

Wednesday, July 09, 2014

US Officials Urge Ukraine to Reform Natgas Market (to encourage investment by international energy companies)

Ukraine must reform its historically inefficient and corrupt natural gas markets to guard against Russian aggression and supply controls, U.S. State Department officials told lawmakers on Tuesday.

After invading and annexing Crimea this year, Russia cut off natural gas supplies to Ukraine last month in a dispute over unpaid bills. Escalation of the nearly decade-long argument between Moscow and Ukraine over gas imports has raised concerns about a disruption of supplies to the rest of Europe.

Saturday, June 21, 2014

China, Greece ink $4.6 billion in deals. "Greece can become China's gateway in Europe and the start of a European trade corridor"

Chinese Prime Minister Li Keqiang visited  port of Piraeus in Greece on Friday, after a series of trade and investment deals worth $4.6 billion were signed between the two sides during Li 's three-day visit to Greece.

The deals included multi-billion-dollar Chinese bank loans to build at least 10 Greek-owned ships in Chinese shipyards. There were also agreements on the construction of solar energy parks in Greece, AFP reported.

Monday, June 16, 2014

Kiev talks on gas go on, Ukraine's Energy Ministry reports

The three-sided talks on gas are going on in Kiev, an official in the press service of the Ukrainian Ministry of Energy and the Coal Industry told ITAR-TASS early Monday.

"The talks are going on," the Ministry official said without specifying either venue of the meeting or its participants.

According to unconfirmed information, the talks with the participation of representatives of Russia, Ukraine, and the European Union are being held in the building of Ukraine's Cabinet of Ministers, not at Kiev-based Hilton Hotel, as was announced earlier. Media people were not allowed to be present at the talks.

Sunday, June 15, 2014

Gas talks will continue morning June 15 (Prodan)

No solution yet...

The tripartite talks on gas will continue in Kiev on June 15, Ukraine’s Minister of Energy and Coal Industry, appointed by the country’s parliament (Verkhovna Rada), Yuri Prodan told reporters on Sunday.

“At the past meeting, every side has expressed its suggestions,” he said. 

Friday, June 13, 2014

Naftogaz propose un prix temporaire pour le gaz russe à 326 dollars

L'Ukraine est prête à payer la Russie 326 dollars par 1000 mètres cubes du gaz durant la procédure dans l'arbitrage de Stockholm, a déclaré le président du conseil d'administration de Naftogaz, Andreï Kobolev.

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