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dipsydoodle

(42,239 posts)
Mon Apr 28, 2014, 04:32 AM Apr 2014

Ukraine may stop importing Russian gas by 2016 - Poroshenko

BEREZHANY, Ternopol region. April 27 (Interfax) - Ukraine will start receiving reverse gas as early as October 2014, and will stop importing Russian gas after 2015, said independent parliamentary deputy and presidential candidate Petro Poroshenko.

"We have negotiated an agreement and we will start receiving reverse gas from Slovakia in October, giving up Russian gas," he told residents of the town of Berezhany in the Ternopol region on Sunday.

The European Union must help Ukraine get reverse gas, which is going to be $100 less expensive per 1,000 cubic meters, he said.

Poroshenko also said that Ukraine has ample capabilities to extract its own gas, including shale gas. "The year 2015 may be the last year for Ukraine's imports of Russian gas, I think. We don't need this gas. We will do every well without it," he said.

http://www.interfax.com/newsinf.asp?y=2014&m=4&d=18&pg=7&id=500716

9 replies = new reply since forum marked as read
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Ukraine may stop importing Russian gas by 2016 - Poroshenko (Original Post) dipsydoodle Apr 2014 OP
Have they paid their gas debts yet? n/t malaise Apr 2014 #1
Nope. dipsydoodle Apr 2014 #2
They'lll pay the IMF promptly malaise Apr 2014 #3
No doubt about that. dipsydoodle Apr 2014 #4
Jamaica would be another great analogy malaise Apr 2014 #9
Yes Duckhunter935 Apr 2014 #6
Good move Gary Garrison Apr 2014 #5
and I'm sure Russia won't have any other buyers for its gas magical thyme Apr 2014 #8
shale gas nationalize the fed Apr 2014 #7

dipsydoodle

(42,239 posts)
2. Nope.
Mon Apr 28, 2014, 06:20 AM
Apr 2014

They're in the process of getting reverse feeds from Slovakia and Poland which they may not pay for either.

Slovakia reaches reverse gas flow deal with Ukraine.

PRAGUE, April 26 (Reuters) - Slovakia and Ukraine have reached an agreement on opening up limited reverse flow of natural gas from central Europe to Ukraine and will sign the deal on Monday, the Slovak Economy Ministry said on Saturday.

Ukraine is trying to secure alternative supplies to those from Russia's Gazprom since Russia annexed Crimea last month and Gazprom raised prices for its gas to levels Ukraine is refusing to pay.

Under the deal, Slovakia will make technical adjustments to an old unused pipeline so it can ship over 3 billion cubic metres of gas a year from around October, rising to up to 10 bcm from next spring.

Ukraine has been pushing for another technical solution allowing larger volumes it needs, but Slovakia is refusing that because it fears it would violate its contracts with Gazprom.

http://money.msn.com/business-news/article.aspx?feed=OBR&date=20140426&id=17559728

Poland’s reverse supplies of gas to Ukraine currently limited to 1.5 billion cubic meters

WARSAW, April 16. /ITAR-TASS/. Reverse supplies of natural gas from Poland to Ukraine stand at 4 million cubic meters a day at present, Malgorzata Polkowska, the press secretary of Gaz System company told ITAR-TASS Wednesday.

“Gaz System, the Polish operator of main and distribution pipelines, delivers some 4 million cubic meters of gas from Poland a day,” she said.

Thus reverse supplies of natural gas to Poland do not exceed 1.5 billion cubic meters per year for the time being.

She said that gas would be delivered to Ukraine in the second quarter of the year on the basis of daily requests, as regular supplies could be made on the basis on the basis of a bidding contest that was held March 3 and March 17 without any bids made.

“The current supplies are effectuated on the basis of 24-hour requests that should be made every day before 14:00 on the date preceding the delivery,” Malgorzata Polkowska said.

http://en.itar-tass.com/economy/728244

At least for the time being the subject of fracking is a red herring. They may be in the same boat as Poland - deposits too deep whatever.


Total drops shale gas exploration in Poland.

Warsaw - French oil giant Total has abandoned efforts to explore for shale gas in Poland, the country's environment ministry said on Monday, amid controversy over the energy source in Europe.

"Their exploration licence expired on 1 April and Total has not requested a renewal," ministry spokesperson Pawel Mikusek told AFP, without giving a reason for the decision.

He said it was Total's only licence in Poland, for a field in the east of the country.

>

Local and global companies have thus far sunk about 50 exploratory wells in Poland, but several big-name energy companies have since abandoned the work.

Global energy giants ExxonMobil and Marathon Oil dropped their exploration efforts last year after finding deposits too deep to extract using fracking.

But others including US energy majors Chevron and ConocoPhillips - which was the first to extract shale gas in Poland last year - remain in the game.

http://www.news24.com/Green/News/Total-drops-shale-gas-exploration-in-Poland-20140414

Not sure why they say " alternative supplies to those from Russia's Gazprom " - Poland and Slovakia get their's from Gazprom having transited Ukraine to get to those countries.

dipsydoodle

(42,239 posts)
4. No doubt about that.
Mon Apr 28, 2014, 06:29 AM
Apr 2014

The IMF and EU in some combination will have "managers" on site to control their economy and thereby ensure repayments.

Similar happened in Greece which is the closest analogy here.

 

Duckhunter935

(16,974 posts)
6. Yes
Mon Apr 28, 2014, 06:48 AM
Apr 2014

with all of the state property, ships, planes military vehicles stolen and rent still owed by the unilateral breaking crimean lease.

nationalize the fed

(2,169 posts)
7. shale gas
Mon Apr 28, 2014, 06:50 AM
Apr 2014
Poroshenko also said that Ukraine has ample capabilities to extract its own gas, including shale gas. "The year 2015 may be the last year for Ukraine's imports of Russian gas, I think. We don't need this gas. We will do every well without it," he said.


They're talking about fracking. That's what I thought, until a search confirmed it.

Why US fracking companies are licking their lips over Ukraine
From climate change to Crimea, the natural gas industry is supreme at exploiting crisis for private gain – what I call the shock doctrine
Naomi Klein The Guardian, Thursday 10 April 2014
http://www.theguardian.com/commentisfree/2014/apr/10/us-fracking-companies-climate-change-crisis-shock-doctrine

Can U.S. Fracked Gas Save Ukraine?
The conflict over Crimea may prove a last gas…p for Russian energy warfare
http://www.scientificamerican.com/article/can-us-fracked-gas-save-ukraine/

Chevron has no plans to end fracking agreement with Ukraine
David R. Baker Saturday, April 5, 2014
http://www.sfgate.com/news/article/Chevron-has-no-plans-to-end-fracking-agreement-5379794.php

This post sank like a rock, because...sometimes if people ignore something they think it will go away

Ukraine: Joe Biden Promotes U.S. as Fracking Missionary Force
http://www.democraticunderground.com/10024868991

Is DU now going to endorse Fracking because of Ukraine?

That would be funny if it wasn't so sad. All this to extract gas when solar electrolysis works, is clean and can be done tomorrow.

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