Ukraine Demands The U.S. And Germany Impose Sanctions On Russian Natural Gas Giant Gazprom

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Title : Ukraine Demands The U.S. And Germany Impose Sanctions On Russian Natural Gas Giant Gazprom
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Ukraine Demands The U.S. And Germany Impose Sanctions On Russian Natural Gas Giant Gazprom

 

Moscow Times: Ukraine Calls for Russia Sanctions Over Hungary Gas Deal 

Ukraine said Friday it wants Germany and the United States to impose sanctions on Russia’s gas export monopoly Gazprom over its controversial deal with Hungary and Kiev’s loss of transit capacities. 

Kiev slammed as “political” this week’s contract that will supply 4.5 billion cubic meters of Russian natural gas to Hungary every year until 2036 through non-Ukrainian transit routes. 

“Gazprom stopped gas transit through Ukraine to Hungary,” Yuri Vitrenko, the CEO of Ukraine’s pipeline operator Naftogaz, wrote on Facebook. 

Read more ....  

Update #1: Ukraine demands sanctions on Russia's Gazprom after Kyiv loses gas imports (Reuters)  

WNU Editor: This is why Ukraine is upset .... Russia's new pipeline bypasses Ukraine in pumping gas to Europe, Kyiv says (Euronews). 

But here is the kicker. I understand the transit fees that Gazprom is now paying through this new route are much lower than what Ukraine was demanding. To put it bluntly. Ukraine’s pipeline operator Naftogaz priced itself out of the market.  

Update #2: The lost of transit fees will cost Ukraine $3 billion a year .... Russia can cut Ukraine out of new gas deal, Kiev’s energy czar says, as long as Moscow keeps handing over cash for transit rights (RT).  

Update #3: Croatia is now also receiving Russian natural gas through this new route .... Apart From Hungary, Gazprom Begins to Supply Gas Via TurkStream to Croatia (Sputnik).



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