On July 1st ‘Naftogaz Ukraine’ stopped buying gas from the Russian company ‘Gazprom’. On July 1st Ukraine has suspended imports of Russian gas, as well as significantly reduced its purchase in the EU after a fruitless trilateral gas talks with Russia brokered by the European Commission. This is informed by Unian with reference to the […]

 September 26, 2014 ‘Major reverse flow’ will help Ukraine to survive without gas supply from Russia   Filling up Ukrainian domestic gas storages is a decision of strategic necessity while winter approaches. Ukraine has to survive this winter without gas supply from Russian aggressor. Russian ‘Gazprom’ deliberately charges colossal price for gas that our country […]

July 17, 2014 Due to cessation of gas deliveries to Ukraine ‘Gazprom’ had to reduce gas extraction.   According to experts it results in $50-60 million revenue shortfall a day and year-end earnings may be reduced by 5% (about $7.7 billion). According to ‘Gazeta.Ru’ a significant reducing of gas supply to foreign countries was recorded. […]