Contents tagged with Gazprom
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Siemens to supply turbines to Russia for construction of power plant in Chechnya
Gazprom will acquire two Siemens gas turbines for the thermal power plant (TPP) in Grozny, RBC news agency reports with reference to Gazprom’s statement. According to RBC, on March 16, the meeting between the head of Gazprom Alexey Miller and Siemens CEO Joe Kaeser was held in St. Petersburg, where the heads of the companies discussed father cooperation. "The parties, in particular, focused their discussion on the supply of equipment for the Grozny TPP. According to the signed contract, …
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Russia's Gazprom raises gas pressure to contract level at the entrance of Ukraine’s gas transportation system
Russian Gazprom has raised the pressure at the entrance of Ukraine’s gas transportation system (GTS) to the contractual level for the first time this year. This was reported by Interfax Ukraine referring to the press-service of PJSC Ukrtransgaz.
"Maybe today is some big holiday? Today, Gazprom has raised pressure in the transit gas pipelines at the entrance of the GTS of Ukraine to the minimum contract level: 60 kgf/cm2 for the first time since December 12, 2017,” the press-service noted.
As …
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Ukraine's Naftogaz and Russia's Gazprom agree to meet
Naftogaz of Ukraine announced that an agreement has been reached with the Russian company Gazprom to hold a meeting by the end of March.
Writing on its Facebook account, Naftogaz said that it intends to inform Gazprom that it does not agree that the contracts should be cancelled.
“In addition, we informed Gazprom that the tariff must be changed. At the meeting, of course, the implementation of arbitration decisions will be discussed,” said the chief commercial director of the Naftogaz Yuriy …
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Gazprom: termination of contracts with Ukraine may take up to two years
Russia’s Gazprom intends to appeal the decision of the Stockholm Arbitration Court regarding the transit contract with Naftogaz Ukraine before the end of the month, as well as initiate procedures for the termination of contracts "in accordance with the established procedure," said by Gazprom’s CEO, Alexei Miller, at a meeting with Russian Prime Minister Dmitry Medvedev.
"According to the decision of the Stockholm Arbitration Court, Gazprom must pay Naftogaz of Ukraine 2.56 billion dollars. …
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Ukraine's Naftogaz to seek arrest of Russian gas in Europe as part of Gazprom’s debt collection
Naftogaz of Ukraine will not remove gas from transit to Europe as part of Gazprom's debt collection, but intends to seek the seizure of this gas once it reaches European markets, as posted by the Chief Commercial Officer of Naftogaz of Ukraine, Yuriy Vitrenko on Facebook.
"Experts" who get money from Gazprom, twist my words and report that we will impose penalties on gas belonging to Gazprom, in case Gazprom comply with the Stockholm Arbitration's decision and will not pay $2.5 billion. Let me …
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Mogherini urges Russia's Gazprom to comply with Stockholm Arbitration court demands
The European Commission has called on Gazprom to meet the demands of the Arbitration Institute of the Stockholm Chamber of Commerce (SCC), and to start supplying Ukraine with gas directly. A statement to this effect was made by High Representative of the EU Federica Mogherini following a meeting with Ukrainian President Petro Poroshenko and Prime Minister Volodymyr Groysman.
“Gazprom must meet its contractual obligations. The European Commission, including in the person of its commissioner Šefč …
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Ukraine begins the inventory and seizure of Gazprom’s Ukrainian assets
The Cabinet of Ministers of Ukraine is stepping up its activity to recover the fine from Russia's Gazprom, the press service of the government reported.
According to the report, the executive proceeding in this case is being conducted by the Department of the State Executive Service of the Ministry of Justice of Ukraine on the basis of the court's decision to recover from Gazprom 171,931,854,000 hryvnia ($6.5 billion) into the general fund of the state budget of Ukraine.
The government said …
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Ukrainian President: Russia's Gazprom will pay for everything to a penny
In an interview with Ukrainian television channels on Wednesday, March 7, Ukrainian President Petro Poroshenko said that he is convinced that the Russian company Gazprom will fully pay Naftogaz $2.56 billion following the results of two arbitration disputes in the Stockholm Arbitration Court.
"I have no doubt that Ukraine will get everything to a penny. I declare that this issue is absolutely not about money. This issue has geopolitical significance ... The position of the Russian Federation, …
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European Parliament takes Ukraine’s side in Kyiv’s dispute with Russian Gazprom over gas transit
The European Parliament believes that Russia's refusal to deliver gas to Ukraine is an element of political pressure that can have negative consequences for the European Union, as said in the statement released by the European Parliament Foreign Affairs Committee Chair David McAllister, Ukrinform reports.
The statement condemned the actions of Gazprom concerning the cessation of gas supplies to Ukraine and further attempts to terminate the contract. "This is yet another proof of the use of gas …
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Russia refuses to take part in trilateral gas talks with Ukraine and the EU
Energy Minister of the Russian Federation Alexander Novak said there will be no gas negotiations with Ukraine and the European Union, TASS reported.
"No trilateral negotiations are being planned as all the court proceedings are based on the contracts and relations between commercial organizations, particularly between Gazprom and Naftogaz. Only the said two companies must settle all these issues," Novak said.
According to the report, Naftogaz and Gazprom failed to agree on the conditions of …