Tuesday, November 5, 2024

Volodymyr Demchyshyn News

Ukraine to Lower 2016 Gas Imports

Ukraine is likely to cut its natural gas imports to between 11 billion and 13 billion cubic metres (bcm) this year and source it all from the European Union, bypassing Russia completely, its energy minister was quoted as saying on Wednesday. "There are different scenarios and the (existing) capacity of reverse (gas flows from the EU are) enough to cover this volume…

Ukraine Might Buy Russian Gas below $200

Ukraine would consider buying Russian gas in the first quarter of 2016 if the price was reduced from current $227 per 1,000 cubic metres to below $200, Ukrainian energy minister Volodymyr Demchyshyn said on Monday. Ukraine, which is in a long-running gas pricing dispute with Russia over a 2009 deal, said…

Ukraine to Stop Buying Russian Gas

Ukraine says to stop buying Russian gas; says cheaper prices offered from Europe. A clash over natural gas pricing between Russia and Ukraine escalated on Wednesday with Russian exporter Gazprom announcing it would halt deliveries and Kiev saying it could find cheaper supply from Europe. Moscow and Kiev…

Gazprom Warns over Low Gas Storage in Ukraine

The head of Russia's top gas producer Gazprom Alexei Miller said on Monday Ukraine has increased its gas usage from storage, undermining the flow of Russian gas to Europe. He also said at the current pace of consumption Ukraine would use up prepaid Russian gas volumes in around two days and warned Gazprom may halt gas flows to Ukraine if it receives no prepayment.

Ukraine Has No Critical Need for Russian Gas

Ukrainian Energy Minister Volodymyr Demchyshyn said on Monday Ukraine had enough gas in reserve to ensure it was not critical for it to buy gas from Russia at this stage. Gas consumption has been up to 19 percent lower year-on-year this season and reserves will stand at around 16 billion cubic metres by early December, 2 billion higher than at the same point last year, he said.

Ukraine, Russia Ink New Gas Supply Deal

Ukrainian state energy firm Naftogaz and Russia's Gazprom have signed a deal on Russian gas supplies to Ukraine for the winter period and Kiev has already started gas imports, Ukraine's energy minister said in Monday. Volodymyr Demchyshyn said Ukraine planned to increase gas in underground storage to up…

Ukraine May Buy Gas From Russia Before Deal Signed

Ukraine might start buying natural gas from Russia before a final winter gas agreement is signed, news agency Interfax Ukraine quoted Ukrainian Energy Minister Volodymyr Demchyshyn as saying on Wednesday. Ukraine halted gas imports from Russia this July due to a price dispute. In September, Kiev and Moscow reached a preliminary agreement on supplies for the winter…

Ukraine Energy Minister Indicates Russia Q4 Gas Price Will Be Less Than $228

Ukrainian energy minister Volodymyr Demchyshyn indicated on Monday that the price Ukraine was willing to pay Russia for gas supplies in the fourth quarter was less than $228 per thousand cubic metres (tcm). When asked at a briefing if Ukraine would pay $230 or $228 per tcm for supplies from Russia, Demchyshyn pointed downwards, indicating the price would be lower.

Ukraine Expects Gas Deal with Russia on Sept. 25

A new gas deal to supply Russian gas to Ukraine is likely to be signed this Friday, Ukrainian energy minister Volodymyr Demchyshyn was quoted as saying on Tuesday. Moscow and Kiev agreed last year on a winter package for supplies with a price discount of $100 per thousand cubic metres and advance payments. That agreement expired on July 1 and has yet to be replaced.

Ukraine's Stored Natural Gas at 13 bcm

Ukraine has collected 13.06 billion cubic metres (bcm) of gas in underground storage as of August 3, still short of the 18-19 bcm it seeks to store by mid-October, gas transport monopoly Ukrtransgaz said on Monday. It said in a statement that it had stored 1.0 bcm of gas in July. Energy Minister Volodymyr…

Ukraine Boosts Gas Imports from Slovakia

Ukraine increased its purchase of natural gas imports from Slovakia by 41 percent on Tuesday, boosting its storage supplies, transport monopoly Ukrtransgaz said. Cash-strapped Ukraine is now buying most of its natural gas from Slovakia after halting imports from Russia three weeks ago due to a pricing dispute.

Ukraine: We Can Survive Without Russian Gas

Ukraine expects to store enough natural gas for next winter despite cutting off imports from Russia and Russian flows crossing the country destined for Europe will not be disrupted, Energy Minister Volodymyr Demchyshyn said on Thursday. State energy firm Naftogaz stopped buying gas from Russia's Gazprom…

Ukraine Halts Russian Gas Imports, EU Flow Unaffected

Ukraine halted natural gas imports from Russia on Wednesday after a failure to agree on a price for the third quarter, state transport monopoly Ukrtransgaz said, in talks loaded with the political tension between the two. "From today, Ukraine is not getting gas from Russia. Transit supplies are as normal," Ukrtransgaz spokesman Maksim Belyavsky said.

Ukraine to Stop Buying Russian Gas

Ukraine plans to stop buying Russian gas from April 1, Ukrainian Energy Minister Volodymyr Demchyshyn said in a briefing on Monday. "At the moment we don't need to buy Russian gas. We will simply stop buying it," Demchyshyn said. On Saturday, he said that Ukraine was confident Russia would have to lower…

Ukraine Doesn't Plan Large Pre-payments to Russia for Gas

Ukrainian Energy Minister Volodymyr Demchyshyn said on Wednesday that Ukraine did not plan to make large pre-payments to Russia for gas supplies, Interfax news agency reported. Russian gas export monopoly Gazprom said earlier on Wednesday that Ukraine had paid for enough Russian gas to last until March 6.   Reporting by Alexander Winning

Ukraine Power Company Boss Detained Over Botched Coal Deal

The head of a Ukrainian state energy firm has been detained on suspicion of embezzling funds after a botched deal to buy South African coal deepened the country's electricity crisis, prosecutors said on Friday. Without Russian natural gas imports since June and hit by separatist violence that has disrupted its own coal mining…

Ukraine to Prepay for Russian Gas Today or Tomorrow

Ukraine will make a prepayment for 1 billion cubic metres of Russian gas on Wednesday or Thursday, Ukrainian Energy Minister Volodymyr Demchyshyn said, as the deepening winter forces the country to rely for energy on its powerful neighbour. Russia, which cut off supplies to Ukraine in June because of a standoff over prices, has insisted that Ukraine pay for supplies in advance.

Ukraine Energy Minister: "No Threat" From Accident at Nuclear Plant

Ukraine's energy authorities said on Wednesday that an accident at a nuclear power plant in Zaporizhzhya in the south-east of the country posed no danger and the plant would return to normal operations on Dec. "There is no threat ... there are no problems with the reactors," Energy Minister Volodymyr Demchyshyn…