Ukraine Comes Hat in Hand to Russia for Winter Gas Supply

© Fotolia / pioregur Gas cooker
Gas cooker - Sputnik International
Reality is harsh: after all political jabs, Kiev is begging Moscow for gas to survive the winter.

A worker checks equipment at an Dashava underground gas storage facility near Striy, Ukraine May 28, 2015 - Sputnik International
Russia to Extend Gas Discount for Ukraine - PM Medvedev
Brace yourselves, winter is coming: the chiefs of Ukraine's Naftogaz and Russia's Gazprom held an unexpected bilateral meeting for the first time since May 2014, Russian daily Kommersant reported.

Naftogaz addressed Gazprom, asking for a prepayment for the transit of Russian gas to Europe via the Ukrainian territory. Kiev would then use the money to buy gas for the winter period.

Kiev has 13,9 billion cubic meters of gas in its underground storages and needs three billion more to make it through the winter. This would cost $750 million, which is equivalent to the price for gas transit for three months.

Tyres are set on fire during a rally held by members of the far-right radical group Right Sector, representatives of the Ukrainian volunteer corps and their supporters in central Kiev, Ukraine, July 3, 2015 - Sputnik International
West Silently Watching Collapse of Ukraine – German Newspaper
Kiev suggested resorting to the old Yanukovych-era prepayment scheme with Russia because its foreign partners fell short of Ukraine's expectations. No one from the World Bank, the IFC and the EBRD has yet to agree to provide Kiev a $1 billion-loan that might be used to purchase gas — a vital measure for Ukraine every winter.

Though the current Kiev leadership has been accusing Russia of the whole bag of tricks and has been trying to prove that the West will solve all Ukraine’s problems, the reality dispels illusions. Russia granted Ukraine discounts for gas and remains an open-minded economic partner.

To participate in the discussion
log in or register
Заголовок открываемого материала