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'Pandora's box may ruin Zelenskyy's chances for a second term' | Al Jazeera |

The findings were based on the Pandora Papers, a trove of millions of documents from 14 offshore service providers leaked to the International Consortium of Investigative Journalists and its partners, including Slidstvo.info [video].

    Ukrainian officials tried to halt the screening of a film about offshore companies tied to President Volodymyr Zelensky and his inner circle.

The story detailed how Zelenskyy and his partners launched a network of offshore companies in the British Virgin Islands, Belize and Cyprus.

The companies date back to at least 2012, the year District 95 went big in Ukraine with regular shows on a television channel owned by Ihor Kolomoisky, a Ukrainian oligarch sanctioned in the US and the European Union for alleged multibillion fraud, the report claimed.

Zelenskyy's business partners include Ivan Bakanov, current head of the  SBU, Ukraine's main intelligence agency that often investigates corruption cases, and presidential aide Serhiy Shefir, who administers the offshore companies but shares the profits with Zelenskyy's wife, the report claims.

Bohdan out, Yermak in: What next for Ukraine? | Atlantic Council - Feb. 2020 |

Multiple diaries on Ukraine, oligarchs and corruption ...

by Oui on Tue Oct 12th, 2021 at 12:56:03 PM EST
by Oui on Tue Oct 12th, 2021 at 01:00:21 PM EST
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EU chief vows to help Ukraine with gas supply | DW News |

Her comments on gas supply come amid strong opposition in Ukraine to the new Nord Stream 2 gas pipeline between Russia and Germany. Von der Leyen also committed to Ukraine's sovereignty and the Minsk agreements. Signed in 2014 and 2015, they sought to end Russia's war in eastern Ukraine.

Ukrainian President Volodymyr Zelenskyy is hosting European Council President Charles Michel and von der Leyen, along with other EU officials. They are discussing the worsening situation in eastern Ukraine as well as seeking to further strengthen economic and political ties.

Ukraine fears energy security

The Nord Stream 2 pipeline transports gas directly from Russia to Germany, bypassing Ukraine and other central and eastern European countries.

Ukraine is concerned that the pipeline's path will cause it to miss out on gas transit fees. This is despite a deal from Germany that sets out plans to boost investment in the country. Ukraine is also worried that the pipeline could increase Russia's political leverage in the region.

Opinion: Ukraine could move from gas transit nation to hydrogen exporter

by Oui on Tue Oct 12th, 2021 at 01:40:13 PM EST
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by Oui on Tue Oct 12th, 2021 at 01:40:57 PM EST
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The Russia-Ukraine gas transit deal: opening a new chapter | Oxford Paper - Feb. 2020 |

Gazprom and Naftogaz Ukrainy signed agreements covering the transit of Russian gas through Ukraine for the period 2020-24. It provides for 65 bcm to be transited in 2020, and 40 bcm/year in 2021-24 - a total of 225 bcm, with provisions for additional volumes to be shipped if required. The total cost to Gazprom will be about $7.2 billion. While Naftogaz is the shipper of the gas, the Ukrainian transport system is now operated by a new, separate company, Gas Transmission System Operator of Ukraine (GTSOU), which has been unbundled from Naftogaz in line with European market principles. GTSOU has signed interconnection agreements with Gazprom in the east, and with the transmission system operators (TSOs) of Poland, Slovakia, Hungary, Moldova, and Romania in the west.

The transit deal, which defied predictions that negotiations would not be completed in time, is a success for both Russia and Ukraine not only at a corporate level, but also at a political level. Indeed, it was above all a shift in political relationships that allowed it to be done. How agreement was reached is discussed in the first section of this OIES Insight; we then look at the terms of the deal, discuss the likely level of transit flows through Ukraine during the period of the deal, and then draw conclusions.

EY, commissioned by the World Bank, suggests the solution mechanisms to address the problem of unpaid off-takes of natural gas from the GTS

by Oui on Tue Oct 12th, 2021 at 01:41:38 PM EST
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