Ukrainian and Russian officials will meet again next week in an effort to settle their dispute over natural gas supplies that threatens to leave Ukraine short of heating fuel for the coming winter.
Britain's energy secretary, Ed Davey, has hailed a landmark European deal on climate change as a blow to Vladimir Putin that will reduce the region's dependence on Russian gas imports.
Ukrainian Prime Minister Arseniy Yatsenyuk has accused the companies owned by businessman Dmytro Firtash of abusing power in the management of regional gas supply companies and demanded special accounts be created for gas payments.
Russian President Vladimir Putin said on Oct. 24 he did not expect European countries to stop buying natural gas from Russia as there is no real alternative.
LONDON -- Ukraine's Naftogaz has set aside $3.1 billion to settle outstanding debts for Russian gas supplies if Gazprom signs a deal on winter supplies, the chief executive of Ukraine's state-owned gas monopoly said on Oct. 24.
Angela Merkel has urged Vladimir Putin to adopt a swift solution to a bitter gas dispute with Ukraine, as winter approaches. Russia and Ukraine are at odds over how to deal with Kyiv's huge debt.
Polevskoy, Russia - The chairman of TMK's board of directors, Dmitry Pumpyansky, has asked Russian Prime Minister Dmitry Medvedev to take note of the necessity of safeguarding the Russian market against the dumping of Ukrainian pipes.
Naftogaz Ukrainy in connection with the beginning of the heating season from October 20 started taking gas from the underground gas storage facilities (UGS) and has brought it to the level of 23-25 million cubic meters per day, first deputy board chairman Serhiy Pereloma has said.
Ukrainian Prime Minister Arseniy Yatsenyuk has expressed his fear that the Russian financial crisis will have a negative impact on Ukraine and demanded relevant ministries should take appropriate actions.
Chalk them up as the latest victims uprooted by Ukraine's swirling geopolitical crisis: exotic plants from a Kyiv botanical garden.
German Chancellor Angela Merkel said Ukraine risks losing natural gas supplied by its European supporters if it doesn't reach an agreement on gas payments to Russia.
Moscow - Russian President Vladimir Putin and German Chancellor Angela Merkel held a telephone conversation at Berlin's initiative on Oct. 24.
MOSCOW - German Chancellor Angela Merkel and Russian President Vladimir Putin stressed the importance of reaching an agreement on gas supplies to Ukraine in a telephone call, the Kremlin said on Oct. 24.
The European Union and Ukraine will discuss a bridging loan to Kyiv next week so that the country can pay in advance for Russian gas deliveries for the coming months, German Chancellor Angela Merkel told reporters on Friday after the first day of a European Union summit.
Moscow - European Commission President Jose Manuel Barroso told told the EU bloc’s leaders on Thursday that the EU’s executive body could give Ukraine a maximum $1 billion ( 790 million euros) in the near term out of its budget to help Kyiv pay its gas bills, The Wall Street Journal has reported.
A short drive from Kyiv stand the twin palaces of two Yanukovych-era executives at Ukraine's state energy company Naftohaz. Police have been investigating allegations of fraud at the company worth hundreds of millions of dollars.
BRUSSELS - European Commission President José Manuel Barroso told the bloc's leaders on Oct. 23 that the EU's executive body could give Ukraine a maximum $1 billion in the near term out of its budget to help Kyiv pay its bills, according to several officials briefed on discussions.
The European Union and Ukraine will discuss a bridging loan to Kyiv next week so that the country can pay in advance for Russian gas deliveries for the coming months, German Chancellor Angela Merkel said on Oct, 24.
Head of the European Commission Delegation to Ukraine Jan Tombinski expects the completion of Ukrainian-Russian negotiations on gas supplies on Oct. 29.