The countdown to a new gas crisis

For Naftogaz Ukraine, things are very clear: the company has no money to pay for gas. Annual gas war between  Russia and Ukraine, most likely, can start again. The president of Ukraine, Victor Yushchenko, has addressed to the chief of National Bank of the country, Vladimir Stelmahu with the request to solve this problem. The national bank of Ukraine will lead board meeting which should solve — whether to allocate the help for Naftogaz Ukraine.

The vice-president of Gazprom, Alexander Medvedev said that the payment should be put into practice today or no later than the following days until January 11. Notice that Russia and Ukraine agreed new terms on December 2009 for oil transit to Europe, averting the threat of another year-end energy crisis after Prime Minister Vladimir Putin accused Kiev of “abuse” on the deal. “We are ready to deliver, we have a contract, but if any of the transit countries abuse, what can you do?”  premier Vladimir Putin said during a visit to Russia’s Far East region. Amid the numerous allegations of election campaign, the Ukrainian president again criticizes Yulia Timoshenko’s government for the gas contracts signed in January, 2009 with Russia. In the same time, Ukrainian Prime Minister Yulia Timoshenko  (who ranked second in the election battle after pro-Russian candidate Viktor Yanukovici) denied her country would have any problem paying its Russia gas bills. I recall that in Ukraine on January 17 will be held first round of presidential elections. Although after discussions in December with Yulia Timoshenko, Prime Minister Putin said that all conditions have been created to avoid a new gas crisis, but admitted that problems could arise due to fight election in Ukraine. The countdown started.

Update 8 ian. 2010: Ukrainian company Naftogaz has paid the full bill for natural gas supplied by Russia in December 2009, officially confirmed a spokesman for the Russian giant Gazprom.

One response to “The countdown to a new gas crisis

  1. I really liked that post, I am a little confused, and have a tiny question. Can I send you an email ?

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