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Ukraine to renegotiate `unfair' gas deal with Russia | EurActiv
Ukrainian Prime Minister Mykola Azarov told journalists yesterday (13 October) that he will seek to renegotiate the country's "unfair" gas agreement with Russia when he meets his counterpart Vladimir Putin on 27 October.

...Ukraine and Russia signed a 10-year agreement on gas supplies in January 2009 after a price dispute between the two neighbours left the European Union without fuel for two weeks amid freezing temperatures.

"Russia doesn't want to revise [the gas agreement]. Why? Because it's profitable for them. Why do we want to revise it? Because we believe this is an ill-profitable agreement for us," Azarov said.

"How much time should an agreement live for, if one party sees it as profitable, and the other as highly unprofitable? Something needs to be done with this agreement. Quite obviously, it is not viable."

The Ukrainian prime minister also spoke against the planned South Stream gas pipeline project, led by Gazprom, which is designed to bypass his country.

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Oct 15th, 2010 at 02:25:17 PM EST
[ Parent ]
Gazprom warns EU it could turn to China | EurActiv

Gazprom's export chief, Alexander Medvedev, said that Europe's gas-sector initiatives would build "a sort of Great Wall of China" that would cut off his company, which supplies a quarter of the EU's gas needs, from gas transmission infrastructure.

EU legislation requires pipelines to be open to all companies, which threatens Gazprom's position in countries such as Poland, where it is a dominant supplier via its Yamal pipeline.

"Having no opportunity to get reasonable income while the gas pipeline is operating or take part in its operation, the suppliers will not wish to make such significant investments. They will start searching for more attractive markets," said Medvedev.

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Oct 15th, 2010 at 02:25:27 PM EST
[ Parent ]
But Gazprom will never use gas as a weapon.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Fri Oct 15th, 2010 at 05:10:54 PM EST
[ Parent ]


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