Friday, August 8, 2014

Ukraine Preparing To Halt Russian Transit Gas Flows To Europe

The list of possible sanctions includes a “complete or partial ban on the transit of all resources,” Prime Minister Arseniy Yatsenyuk told reporters in Kiev today in response to a question about halting gas flows. Photographer: Vincent Mundy/Bloomberg

Ukraine Open To Halting Gas Flows In Russia Sanctions -- Bloomberg

Ukraine said it’s open to halting Russian gas supplies to Europe through the country as it plans sanctions on President Vladimir Putin’s government as part of its battle against pro-Russian separatists.

The list of possible sanctions includes a “complete or partial ban on the transit of all resources,” Prime Minister Arseniy Yatsenyuk told reporters in Kiev today in response to a question about halting gas flows. Measures may also include a ban on Russian planes overflying Ukraine, he said, while defense-industry cooperation will be reduced. A draft law, which requires parliamentary approval, also proposes restrictions on ships entering Ukrainian waters.

Read more ....

More News On Ukraine Preparing To Halt Russian Transit Gas Flows To Europe

Ukraine transit sanctions could hit 'all types of transit': PM -- Reuters
Ukraine may block all transit from Russia in sanctions row -PM -- RT
Ukraine crisis: Kiev ready to sanction Russia in fight to stop 'financing terrorism' -- The Independent
Ukraine govt to submit bill on 26 types of sanctions to Verkhovna Rada -- Interfax-Ukraine

My Comment: This is not going to go over well in the rest of Europe. My analysis .... this is a shakedown on Europe .... the government in Kiev is basically saying to the EU that they should pay  Ukraine's Russian gas bill .... and if they do .... they will let the Russians ship gas to Europe.

1 comment:

James said...

I wonder what the break down is for European countries buying Russian gas? Looks like research for James.