Thursday, February 26, 2015

Ukraine Facing Gas Cut Off By This Weekend

Reuters/Valentyn Ogirenko

Bloomberg: Gazprom Says Ukraine’s Prepaid Gas May Run Out by Sunday Morning

Ukraine’s supply of prepaid gas from Russia may run out by Sunday morning Moscow time at the current rate requested, exporter OAO Gazprom said.

The Russian state-run company will halt shipments to Ukraine unless it receives further advance payments, Gazprom spokesman Sergei Kupriyanov says by phone on Thursday.

Gas shipments have been a flash-point in the troubled relations between the countries for years and the dispute reignited last week over supplies to rebel-held areas in eastern Ukraine. Russia demanded Ukraine pays extra to meet the cost of supplies to the region, while the government in Kiev and state gas company NAK Naftogaz Ukrainy has refused.

WNU Editor: Ukraine has had a very mild winter this year .... but it is still cold and this is just one more problem on top of another for the country.

More News On Reports That Russia May Cut Off Natural Gas To Ukraine By This Weekend

Russia could cut off gas to Ukraine by ‘end of week’ -- Salon/AP
Ukraine's Russian gas supply faces cut-off, but rebels may be exempt -- CBC/Reuters
Russia's Gazprom says ready to compromise on gas for east Ukraine -- Reuters
Gazprom Ready to Sidestep Kiev, Supply Gas to Donbas -- Sputnik

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