Russia's energy minister says his country has a "take or pay" deal for natural gas with Ukraine that, in the absence of any fresh agreement, comes into effect on April 1.
Ukraine will not pay for Russian gas which Russia will supply to the territories of self-proclaimed Donetsk People's Republic and Luhansk People's Republic, Energy and Coal Industry Minister of Ukraine Volodymyr Demchyshyn has said.
Ukrainian Energy Minister Volodymyr Demchyshyn says Ukraine is not currently buying gas from Russia's Gazprom and will resume if a price of $250 per 1,000 cubic meters is agreed.
The European Commission is aiming to broker more talks between Russia and Ukraine this month to try to extend a discount on gas prices for Kyiv, Commission Vice President Maros Sefcovic said on April 1.
MOSCOW - Russia's top natural gas producer Gazprom said on April 1 Ukraine had cut consumption of Russian gas and had requested 5 million cubic metres of gas for April 1.
Ukraine's national oil and gas company Naftogaz Ukrainy has used all of its advance gas payments and does not currently owe Gazprom for gas shipped to Ukraine, Ukrainian Energy and Coal Industry Minister Vladimir Demchyshyn said.
Ukraine's national oil and gas company Naftogaz Ukrainy temporarily stopped buying Russian gas on April 1, but the company is ready to resume purchases if documents are signed with Russia's Gazprom giving legal confirmation that the price will fall to about $250 per 1,000 cubic meters, Ukrainian Energy and Coal Industry Minister Vladimir Demchyshyn said.
Ukraine expects to sign with Russia a memorandum on gas supplies by April 14 that will run until the end of March 2016, Ukrainian Energy Minister Volodymyr Demchyshyn said in a briefing on April 1.
Moscow - The discount at which Russia has been selling natural gas to Ukraine in the first quarter will remain in effect for the whole of the second quarter, Russian President Vladimir Putin's spokesman said on March 31.
Russian President Vladimir Putin has approved a plan to extend Moscow's current natural gas deal with Ukraine for another three months.
MOSCOW - The discount at which Russia has been selling natural gas to Ukraine in the first quarter will remain in effect for the whole of the second quarter, Russian President Vladimir Putin's spokesman said on March 31.
The formula set in the 2009 gas contract with account of keeping discounts will lead to a fall in the price of Russian gas for Ukraine starting in Q2 2015 to less than $250 for 1,000 cubic meters, Ukrainian Energy and Coal Industry Minister Volodymyr Demchyshyn said.
Russia is extending Ukraine's discount for gas by another three months on condition that Ukraine upholds all contract provisions.
The National Commission of Ukraine for Energy, Housing and Utilities Services Regulation (NCER) has cut the limit on the price of gas for industrial consumers and budget-funded organizations by 19.1 percent, from Hr 8,900 to Hr 7,200 per 1,000 cubic meters (value added tax, extra charges, transportation, distribution and supply tariffs are not included).
The $15 million advance made a week ago for shipments of Russian gas to Ukraine will be exhausted on March 31 not April 1-2 as previously expected, Gazprom told Interfax.
Gazprom's net profit, calculated under Russian Accounting Standards (RAS), fell 70 percent last year to 189 billion rubles ($3.3 billion), Russia's top natural gas producer has said.
The Russian government is requesting that state-owned gas giant Gazprom provide discounted gas to the struggling government in Ukraine.
When Maksym Orlovskyi bought an apartment in central Kyiv in 2006, he installed a new boiler, replaced the windows and insulated the walls of the 1960s brick building.
Ukraine's main state-run energy firm Naftogaz said on March 30 that the European Commission (EC) had proposed extending the firm's current gas supply deal with Russian producer Gazprom until April 2016.