Display:

Which raises the issue of why Ukraine cannot void the contract using the same rationale asserted by the Russians when they cut the gas.

Well, because there is no gas contract for 2006 between Naftogas and Gazrprom and this one is commercial contract, whereas fleet agreement is a package international treaty which includes Russia's recognition of Ukraine's borders.


The Russians, if inclined, could cut that supply off as well, though at the price of forcing a confrontation with the United States.

There is no Turkmen gas for the first quarter of 2006 for Ukraine: this gas is all bought out by Gazprom.

by blackhawk on Mon Jan 2nd, 2006 at 09:05:54 AM EST
[ Parent ]
Then makes the squeeze play.

I think that just about kills the optimistic scenario.

The Russians are going for the jugular, here.

Have Keyboard. Will Travel. :)

by cskendrick (cs ke nd ri c k @h ot m ail dot c om) on Mon Jan 2nd, 2006 at 09:38:17 AM EST
[ Parent ]
There is no competing sources and never were: Gazprom controls gas and the pipeline.
by blackhawk on Mon Jan 2nd, 2006 at 10:33:05 AM EST
[ Parent ]
I agree on that. But the "Turkmen" gas creates a convenient fiction as it is more difficult for Ukrainians to justify stealing transit gas from Gazprom when they are not paying "Turkmens".

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Mon Jan 2nd, 2006 at 10:38:05 AM EST
[ Parent ]

Display:
Login
. Make a new account
. Reset password
Recommended Diaries
Clipping the wings of a judge
by Migeru - Feb 10
45 comments

Sarkozy: Enemies Ahoy!
by afew - Feb 10
32 comments

Hunger March wins PR battle
by DoDo - Feb 9
3 comments

Romania: protests change government
by DoDo - Feb 8
6 comments

LQD: Unsustainable irrigation
by Melanchthon - Feb 9
1 comment

Murdoch - Outsourcing and Hubris
by ceebs - Feb 3
18 comments

Obama wins GOP Primaries (to date)
by Frank Schnittger - Feb 8
9 comments

Bristol Pound
by ChrisCook - Feb 7
14 comments

Recent Diaries
Sarkozy: Enemies Ahoy!
by afew - Feb 10
32 comments

Clipping the wings of a judge
by Migeru - Feb 10
45 comments

LQD: Unsustainable irrigation
by Melanchthon - Feb 9
1 comment

Hunger March wins PR battle
by DoDo - Feb 9
3 comments

Obama wins GOP Primaries (to date)
by Frank Schnittger - Feb 8
9 comments

Romania: protests change government
by DoDo - Feb 8
6 comments

Answers to the Renewable Energy Consultation
by Luis de Sousa - Feb 7

Bristol Pound
by ChrisCook - Feb 7
14 comments

The Imitation Of Germany
by afew - Feb 4
31 comments

Strange Fruit
by Frank Schnittger - Feb 4
14 comments

Murdoch - Outsourcing and Hubris
by ceebs - Feb 3
18 comments

Mismatch with the Natural Gas Market
by Luis de Sousa - Feb 3
22 comments

The Future of Economics
by ARGeezer - Feb 2
191 comments

Desert Island Discs - Helen's distortions
by Helen - Jan 31
48 comments

Gorila
by DoDo - Jan 29
14 comments

Rail News Blogging #7
by DoDo - Jan 29
15 comments

Obama's State Of The Union: LQD
by Crazy Horse - Jan 25
74 comments

Democracy Technology
by gmoke - Jan 24
1 comment

The Hydrogen dream
by Luis de Sousa - Jan 24
49 comments

ET Paris Meet-Up 2012 (2 UPDATE)
by afew - Jan 23
113 comments

More Diaries...
Occasional Series