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Russia to Be Ukraine's Sole Gas Provider

Published: January 10, 2014 (Issue # 1792)



  • Ukraine has ceased buying gas from Europe and will instead purchase the fuel solely from Russia.
    Photo: RIA Novosti

Ukraine has ceased buying gas from Europe and will instead purchase the fuel solely from Russia, as it offers the lowest prices, Ukraines energy minister said Thursday.

Russian gas is the most profitable [supply option] for today, said Ukraines Energy and Coal Industry Minister Eduard Stavitsky.

Kiev has been buying gas from Poland and Hungary over the last two years and was close to striking another gas deal with Slovakia in a bid to reduce its dependence on Russian supplies, amid political tension over Ukraines previous policy of gradual economic alignment with Europe.

Ukraine was expected to sign an association agreement with the European Union in November, but President Viktor Yanukovich dropped the deal at the last minute, instead striking a $15 billion aid package and gas discount agreement with Russia in December.

Russia agreed to drop its gas prices for Ukraine from $400 per 1,000 cubic meters to $268 starting January 1, in a deal between Ukraines state energy firm Naftogaz and Russias Gazprom formalized on Thursday.

The new price level must be confirmed every quarter, according to the agreement, giving financial leverage for Moscow to deter Kiev from seeking closer ties with the EU in the future.

Ukraine stopped buying European gas at the start of January, Ukrainian news agency UNIAN reported Wednesday, citing operational data from gas transmission systems in Hungary and Poland.





 


ALL ABOUT TOWN

Friday, Aug. 22


Get ready to pledge allegiance to the flag during National Flag Day, paying tribute to when, 23 years ago today, the iconic hammer-and-sickle was replaced with the tricolor that now flutters in the wind. Petersburgers will be treated to a free concert on Palace Square, a military parade and a culminating air show featuring Russias Russian Knights stunt pilots.



Saturday, Aug. 23


Uppsala Park plays host to Fairy Noon today, a performance of five separate fairy tales ranging from folk classics to more haunting selections. There will be three different renditions of the tales throughout the day and tickets start at 500 rubles ($13.80) for adults and 300 rubles ($8.30) for children.


Classic Finnish cartoon characters the Moomins expect to receive a warm welcome from Russian fans during todays Moomin Festival at the Pearl Plaza Shopping Center at 51 Petergofskoye Shosse. Become a kid again or introduce a new generation to the beloved creation of Finnish writer Tove Jansson.



Sunday, Aug. 24


The tortured genius of Dutch master Vincent van Gogh gets his day in the centers Konnushnaya Ploschad during Make Art Like Van Gogh, a daylong celebration of the artist that will allow amateur artists to try and replicate the work that made the famed painter world-renowned.


Experience a variety of dances highlighting the diversity of the world around as at the final day of the Ethno-Dance International Dance Festival that has been at the St. Petersburg Humanitarian University of Trade Unions this past week. Tonights performance will feature Egyptian dancers accompanied by local orchestras.



Monday, Aug. 25


Today kicks off the Elena Obraztsovoy International Competition for Young Vocalists in the large hall of the Shostakovich Philharmonic. Talented youngsters will showcase their range over the next six days before a winner is chosen on Aug. 30.



Tuesday, Aug. 26


Love movies but hate all those words? Then check out Rodina Cinema Centers Factor of Consensus film forum this evening. Silent movie classics from the beginning of the 20th century will be screened and accompanied by a pianist, who will provide the soundtrack for the ongoing action. The screenings begin at 7 p.m. Check Rodinas website for more details.



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