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Archive for January 9th, 2006

The European Parliament to discuss Ukraine-Russia gas dispute

Posted by the Editor on January 9, 2006


News / 9 January 2006 | 15:30

The European Parliament to discuss Ukraine-Russia gas dispute

The European Parliament to discuss Ukraine-Russia gas dispute

Parliament’s delegation for relations with Ukraine is holding an extraordinary meeting on Wednesday 11 January to discuss the political consequences of this gas supply dispute, the official site of the Parliament informs.
 
As a reminder, the bitter dispute between Russia and Ukraine over pricing was eventually resolved on 4 January when a compromise was reached and the Russian gas taps were switched back on.
 
With global demand for gas due to grow by up to 3% a year for 15 years, the latest crisis has underlined the problems of gas pipelines. Unlike oil, which is traded globally and moved around widely, making it difficult to cut off supplies to a particular country, gas relies on pipelines crossing several countries that can be cut off at will. This makes neighbourly relations vital in for producers
and consumers, the artice reads.

The recent gas crisis between Russia and Ukraine is a “wake up call” for the EU, according to Giles Chichester MEP, Chairman of the Parliament’s Industry, Research and Energy Committee. Speaking in the wake of the crisis, he said the situation “has clear implications for EU energy markets and supplies… reminding us of our dependence on imported fuel.”

The EU relies on Russia for 25% of its gas and 30% of its oil supplies. Some EU members, such as Slovakia and Finland, are totally reliant on Russian gas, while other states like Poland and Hungary are heavily dependent on Russian gas – 90% of which passes through Ukraine on its way to the EU.

 
According to Mr Chichester the dispute “illustrated the importance of a fully functioning market in gas and other energy sources and, in particular, the dangers of any price distortions from market levels.”

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Kyiv residential heating was not restored in full

Posted by the Editor on January 9, 2006


News / 9 January 2006 | 15:00

Kyiv residential heating was not restored in full

Kyiv residential heating was not restored in full

Despite the Ukrainian PM’s resolution to restore residential heating in full, Kiev energy operators are not hurrying to increase heating supply to households, a Ukrainian television channel said Sunday, RIA Novosti informed.

The city’s energy supplier Kievenergo has failed to provide full heating in several residential districts of the Ukrainian capital, and temperatures in apartments stay at about 18 degrees Centigrade (64.4 Fahrenheit). Many residents have to use additional heating devices, the NTN television channel said.

During the recent gas dispute between Ukraine and Russia, the Ukrainian government introduced tight gas consumption limits, including for household needs. However, on January 4, after both countries signed an agreement on gas supplies and gas transit, Ukrainian Prime Minister Yuriy Yekhanurov lifted the restrictions.

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Polish Foreign Minister visits Ukraine

Posted by the Editor on January 9, 2006


News / 9 January 2006 | 14:40

Polish Foreign Minister visits Ukraine

Polish Foreign Minister visits Ukraine

Today Kyiv hosts Sefan Meller Polish Minister of Foreign Affairs who pays official visit to Ukraine, the press service of Ukraine’s Exterior Ministry informs.

He is to meet the Chairman of Verkhovna Rada Volodymyr Lytvyn and Ukraine’s PM Yuri Yekhanurov.

Foreign Minister of Poland will place a wreath on Memorial of Holodomor Victims 1932-1933.

After the meeting with his Ukrainian counterpart, Stefan Meller will hold the press conference.

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