|
. | . |
|
by Daniel J. Graeber Brussels (UPI) Oct 20, 2014
The European Commission said Monday it scheduled another round of talks with its Russian and Ukrainian counterparts to settle a lingering gas issue. "The next trilateral gas meeting between Commission Vice-President Gunther Oettinger, Russian Energy Minister Alexander Novak and Ukrainian Energy Minister Yuri Prodan will take place on Tuesday in Brussels," the commission said in a statement. Multilateral meetings in Milan last week were aimed at resolving a geopolitical crisis in Ukraine that spilled over into the regional energy sector. Ukraine's political upheaval in November left an already battered economy short on cash and the billions of dollars Kiev owes to Russian energy company Gazprom leaves downstream European consumers at risk. Russian President Vladimir Putin said progress had been made during the latest round of talks. While gas supplies were ensured for the short-term, the president said the cash situation in Kiev was another story. "We are aware of the financial condition of the Ukrainian partners," he said Saturday. "We have already agreed to meet them halfway in a sense as far as the payments for the already consumed gas are concerned, and we hope that our European partners, the European commission, will extend a helping hand to Ukraine to deal with the cash gap problem."
Related Links All About Oil and Gas News at OilGasDaily.com
|
|
The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service. |