Ukraine Suspends Gas Payments to Russia

Posted by Joseph R. Fonseca
Saturday, April 12, 2014
Ukraine Suspends Gas Payments to Russia

 Ukraine is suspending payments to Russia for gas deliveries until the conclusion of price talks, chief executive Andriy Kobolev said on Saturday.

 
State-run Naftogaz has suspended payments to Russia amid increasing tensions in a standoff that has the potential to leave European Union states cut off from the Russian gas supplies on which they depend, according to international media reports.
 
Russia has raised the gas price for Ukraine and claimed it owed Moscow USD 2.2B in unpaid bills. Ukraine gets about half of its gas supply from Moscow and a large proportion of Europe's gas comes from Russia via Ukraine.
 
On Thursday, Russian President Vladimir Putin warned that the country could cut off gas to Ukraine, thus potentially threatening European supplies, however later toned down the threat.
 
Meanwhile, in Eastern Ukraine, a group of pro-Russian armed activists in camouflage outfits seized a police station in the town of Slaviansk.
 
- See more at: http://www.novinite.com/articles/159766/Ukraine+Suspends+Gas+Payments+to+Russia#sthash.cYDYGulj.dpuf
 
Maritime Reporter May 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Finance

Vinalines Plans Ports Divestment

The Vietnam National Shipping Lines (Vinalines) and the Ministry of Transport (MOT) hope the plan to reduce the state’s ownership ratio in the big shipping firm

Dubai Establishes Maritime Arbitration Centre

The Dubai Maritime City Authority (DMCA) is in the final stages of completing the rules for the first maritime arbitration centre in the Middles East: the Emirates

Gener8 Maritime to Go Public

Private equity-backed tanker operator Gener8 Maritime filed with the U.S. Securities and Exchange Commission (SEC) to proceed with an initial public offering worth up to $100m.

Energy

DNV GL’s Synergi to Manage Siem Offshore Newbuilding Projects

Siem Offshore has chosen DNV GL’s Synergi Project to manage nine newbuilding projects. Synergi Project software The software is used to optimize the collaboration

Wärtsilä's' Propulsion for Use with US Compliant ELA

Wärtsilä has developed propulsion systems that are capable of operating with Environmentally Acceptable Lubricants (EALs) and comply with the US Vessel General Permit 2013 (VGP-2013).

Solarworld Wants Duties on Chinese Solar Goods in U.S. Extended

German solar manufacturer SolarWorld will apply to the United States for an extension of duties on Chinese panel imports that are due to end this year, weekly Euro am Sonntag said.

News

Dortmund Port's Throughput Up

In 2014, Dortmund’s combined goods throughput on ships and trains amounted to 5.7 million tonnes, compared to 5.3 in the previous year. 2.9 million tonnes (+600,000) of this was ship related.

Baltic Mercur II makes maiden voyage to Antwerp

This week Atlantic Ro-Ro Carriers (ARRC) celebrates the maiden voyage of the Baltic Mercur II via the port of Antwerp as part of their regular transatlantic service to the US Gulf.

USCG Provides Safety Tips to Paddlesports Enthusiasts

As the boating season unofficially begins, the 9th Coast Guard District is reminding paddlesport enthusiasts to take precautions to ensure safe trips and increase

 
 
Maritime Standards Navigation Pipelines Pod Propulsion Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1341 sec (7 req/sec)