Showing posts with label gas shortage. Show all posts
Showing posts with label gas shortage. Show all posts

Thursday, January 15, 2009

Second Attempt

Russian and Ukrainian officials have agreed to meet for talks over the ongoing gas dispute between the two nations. The meetings will be held on Saturday in Moscow, but some express grave pessimism over the outcome

"(An agreement) is practically impossible," says Slovak Prime Minister Robert Fico.  "The conditions laid by one and the other side are so contrasting that this simply cannot work."

Wednesday, January 14, 2009

Gas Spat Continues

The European Commission is warning of legal action towards Russian state-owned Gazprom and Ukrainian Naftogaz if the two do not move quickly towards a solution in their dispute over gas shipments.

Both sides seem to be waiting for the other to admit defeat, says a BBC correspondent.

Thursday, January 8, 2009

Out in the Cold

Serbs and Bosnians are facing the brunt of the European gas shortages brought on by the Russia-Ukraine spat with "a mix of incomprehension, anger and stoicism," reports RFE/RL.

Wednesday, January 7, 2009

Who Passed Gas?

Gas shortages continue throughout Europe stemming from the Russia-Ukraine dispute, this in the middle of winter, while Russia and the Ukraine continue to bicker like two sorority sisters fighting over the only blow dryer in the house. Aside from disputes over prices and claimed thefts, Ukraine says Russia is trying to weaken the Ukrainian government as it seeks NATO membership and closer ties to the West, while Russia claims Ukraine is trying to curry anti-Russia fervor in the West. (Washington Post.)

Obviously, East and Central Europe have been crippled the most, with some industries shutting down completely, but shortages are felt all over.

Just to recap, The EU gets 25% of its gas from Russia, and 80% of that via Ukraine.

Mild winters and previous scuffles have prepared much of Europe with a two week surplus stockpile, which should help until matters are resolved. Times Online says that throughout Europe, blame has fallen on both parties.

Also telling is that some countries are turning to Iran for increased supply.