Open

Coming up

Don't miss

Replay


LATEST SHOWS

AFRICA NEWS

South Sudan : Rebel Riek Machar slams president Salva Kiir

Read more

AFRICA NEWS

South Africa : Apartheid killer De Kock denied parole

Read more

FOCUS

Bastille Day: youth pays hommage to ancestors who fought 'Great War' (1914 - 1918)

Read more

TALKING EUROPE

Nigel Farage, Leader of the UK Independence Party

Read more

TALKING EUROPE

Endocrine disruptors: Is the EU doing enough to protect its citizens' health?

Read more

WEB NEWS

Israelis taking bomb shelter selfies

Read more

THE INTERVIEW

Pavlo Klimkin, Ukrainian Foreign Minister

Read more

THE INTERVIEW

Raed Fahmi, former Iraqi Minister of Science and Technology

Read more

IN THE PAPERS

Germany's World Cup title

Read more

  • Boules and booze: Bastille Day à la New Yorkaise

    Read more

  • Shipwrecked Costa Concordia successfully refloated

    Read more

  • France commemorates WWI centenary on Bastille Day

    Read more

  • Church of England votes in favour of women bishops

    Read more

  • In pictures: 2014 World Cup historic moments

    Read more

  • Alberto Contador out of Tour de France after crash

    Read more

  • Paris’s Bastille Day fireworks ‘a homage to victims’ of WWI

    Read more

  • Germany defeat Argentina 1-0 to win fourth World Cup title

    Read more

  • Kremlin mulls 'retaliatory strikes' after death of Russian civilian

    Read more

  • Senegal honours the soldiers who fought for France in WWI

    Read more

  • Clashes erupt in Paris as thousands march to support Palestinians

    Read more

  • Thousands flee northern Gaza after Israeli warning

    Read more

  • Major differences remain as deadline looms in Iran nuclear talks

    Read more

  • French military to extend Mali 'counterterrorism' operations into Sahel

    Read more

Europe

Russia warns of new gas crisis with Ukraine

©

Latest update : 2009-05-21

Russia and Ukraine may be close to a new gas crisis as Kiev faces difficulties making payments, an official accompanying Prime Minister Vladimir Putin to Kazakhstan has said.

AFP - Russia and Ukraine may be close to a new gas crisis as Kiev faces difficulties making payments, an official accompanying Prime Minister Vladimir Putin to Kazakhstan was quoted as saying on Thursday.

"If things are that bad in the financial sphere ... We could conclude that we could be on the brink of a new gas crisis," news agencies quoted the official as saying, referring to Ukraine's poor economic situation.

Ukraine has been one of the countries worst-hit by the financial crisis and its energy giant Naftogaz has sharply reduced purchases of gas from Russia as a result.

According to the unnamed Russian official, Ukraine's Naftogaz does not have enough funds for the purchase of gas needed for its client's summer orders and its underground reserves are depleted.

He added that Russian gas export monopoly Gazprom had paid Ukraine in advance for the rest of 2009 for transit services Ukraine provides Russia for shipping gas to European neighbours.

"Naftogaz has already received pre-payment for gas transit for the whole of 2009," the official was quoted as saying.

Putin was expected to meet his Ukrainian counterpart Yulia Tymoshenko on the sidelines of a gathering of prime ministers of former Soviet states in Kazakhstan.

Close-door, crisis negotiations between the two premiers resulted in a new gas contract between the two countries that broke a January stand-off, in which supplies were cut for over a week to European clients further downstream.

Over 80 percent of gas pumped via Russia to Europe passes through Ukrainian pipelines.
 

Date created : 2009-05-21

Comments

COMMENT(S)