Gazprom stops gas deliveries to Ukraine pending the receipt of new payments

Gazprom stops gas deliveries to Ukraine pending the receipt of new payments

MOSCOW, November 25. “Gazprom” has stopped gas supplies to “Naftogaz of Ukraine” to the new charges, the refusal of Ukraine purchases gas poses risks for gas transit to Europe and gas supply to Ukrainian consumers, told journalists the Chairman of Board “Gazprom” Alexey Miller.

“Serious risks to reliable transit”

“Today as of 10 a.m. “Naftogaz of Ukraine” have chosen a prepaid volumes of Russian gas. New pre-payment has not been received. Bids for the supply of gas from “Naftogaz of Ukraine” no. Thus, deliveries continue until the proceeds from the Ukrainian company of new payments. At the same time already now, before the onset of severe cold weather, Ukraine began active selection of gas from underground storage facilities, which were insufficiently filled. Refusal to purchase Russian gas poses serious risks to reliable gas transit to Europe through Ukraine and for gas supply to Ukrainian consumers during the coming winter”, – he said.

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© Valery Sharifulin/TASS

Naftogaz: Ukraine will buy Russian gas only in case of reasonable price

Gas supplies to Ukraine, which was interrupted in the third quarter of 2015 at the initiative of the Ukrainian side, were resumed on October 12 after receipt of payment in the amount of $234 million of the promised $500 million in October.

As previously reported, on 25 September in Brussels, the EU – Ukraine – Russia agreed to supply Ukraine 2 billion cubic meters of Russian gas. Deliveries were to commence from 1 October. “Naftogaz of Ukraine” noted that the funds for gas for the account of “Gazprom” will be transferred gradually, in small tranches.

The price of Russian gas for Ukraine in the fourth quarter of 2015 is about $230 per 1 thousand cubic meters with the discount.

“The European direction”

The head of National joint-stock company (NJSC) “Naftogaz of Ukraine” Andriy KOBOLEV earlier said that Ukraine does not need Russian gas supplies and can supply fuel from the European Union and this next winter.

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Yatseniuk: Ukraine in 10 years will abandon the Russian gas

“We can meet the needs of Ukraine in Gaza this winter with European destinations. And the next one. Any other. Diversification and gas market really works,” he wrote on his page in Facebook, answering a question of the users about the possible overlap of Russian gas.

According to the latest data, the Ukrainian underground storage facilities – about 17 billion cubic meters of gas. This, as stated earlier, the head of “Naftogaz of Ukraine”, as well as the volume which Kiev will buy the EU, by the end of winter. “The current gas reserves in underground storages, we can not only to the end of this year, and to the end of winter to buy gas only in the EU,” he said. He also noted that it is now clear that Ukraine “to buy gas in Europe”.