Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Ukraine Signs Tentative Natural-Gas Deal With Turkmenistan  Join our daily free Newsletter

MENAFN - Qatar News Agency - 24/02/2013

No. of Ratings : 0
Digg This Article: http%3a%2f%2fwww.menafn.com%2fmenafn%2fqn_news_story_s.aspx%3fstoryid%3d1093612306%26title%3dUkraine-Signs-Tentative-NaturalGas-Deal-With-Turkmenistan%26src%3dRSS Share This Article: http%3a%2f%2fwww.menafn.com%2fmenafn%2fqn_news_story_s.aspx%3fstoryid%3d1093612306%26title%3dUkraine-Signs-Tentative-NaturalGas-Deal-With-Turkmenistan%26src%3dRSS Add to Delicious Seed this article Buzz this article Add to Reddit Add to furl Add to stumbleupon Add to Mixx!


 


(MENAFN - Qatar News Agency) Ukraine has reached a tentative agreement with Turkmenistan to resume imports of natural gas from the Central Asian country.

Ukrainian Energy Minister Eduard Stavytskyy told journalists in Ashgabat on February 13 that the agreement was signed after talks between visiting Ukrainian President Viktor Yanukovych and his Turkmen counterpart, Gurbanguly Berdymukhammedov.

Stavytskyy added that talks with other parties will follow before the deal can be finalized. The deal's completion would require the consent of Kazakhstan and Russia as transit states. Ukraine has been seeking alternatives to Russian gas imports to meet its energy needs. Until 2006, Turkmenistan supplied Ukraine with 36 billion cubic meters of gas annually. Last month, Russia's state-controlled Gazprom gas monopoly demanded that Ukraine pay back a 7 billion debt, a claim Kyiv disputes.

Earlier Friday, Ukrainian President Viktor Yanukovych has said his country will not pay the 7 billion fine that Russia's Gazprom is demanding for gas Ukraine did not use in 2012. Yanukovych said on February 22 that "we refuse to pay this fine."

Yanukovych called the contract "unfair" and said the fine was more than the cost of the unused gas, reported the Russian ITAR-TASS and Interfax news agencies. Gazprom announced the fine last month, saying that Ukraine had not used some 8 billion cubic meters of gas.

Gazprom cited the so-called "take-or-pay" deal that obligates the consumer to fully pay for contracted gas.

Gazprom insists the "take-or-pay" contracts are standard, but Russia's ambassador to Azerbaijan said in January that Gazprom would not pay for unused Azerbaijani gas it signed a contract for in 2012, a practice he described as "normal commerce."

 






  MENA News Headlines
May 22 2013Google boss says company is doing 'right thing' on tax ,AFP
(MENAFN - AFP) Google boss Eric Schmidt insisted Wednesday his company was trying to do the "right thing" as it faces criticism in Britain over the amount of tax it pays, saying it was for ...

May 22 2013Canada lifts ban on gay men donating blood ,AFP
(MENAFN - AFP) Canadian health authorities lifted Wednesday what was effectively a ban on gay men giving blood, announcing new rules making men who have not had sex with men in the past five years ...

May 22 2013SARS-like virus claims new life in Saudi ,AFP
(MENAFN - AFP) A man who had contracted the coronavirus has died in Saudi Arabia, raising the death toll in the kingdom from the SARS-like virus to 17, the health ministry announced on its website ...

May 22 2013AIDS scientists optimistic of AIDS cure, for some ,AFP
(MENAFN - AFP) Top AIDS scientists were optimistic Wednesday of finding a cure for the disease that has claimed 30 million lives -- but said it might not work for all people. The experts have high ...

May 22 2013Swiss take a step to unlocking mystery of ageing ,AFP
(MENAFN - AFP) Swiss researchers said Wednesday that they had taken a step closer to unlocking the mystery of ageing after discovering the impact of a longevity gene in mice and then managing to ...

May 22 2013Concept flu vaccine may protect against many strains ,AFP
(MENAFN - AFP) Scientists unveiled a concept vaccine against flu Wednesday they said may protect against various strains with a single jab. Tested in ferrets, considered good human models, the ...

May 22 2013Muslim imams pray at Auschwitz for Holocaust dead ,AFP
(MENAFN - AFP) Muslim leaders from across the globe knelt in prayer for the Holocaust dead at the Auschwitz's notorious Wall of Death on Wednesday, in an emotional visit to the Nazi German death ...

May 22 2013India's Ranbaxy pumps in $300 mn to improve safety ,AFP
(MENAFN - AFP) Indian generic giant Ranbaxy said Wednesday it has spent over $300 million to overhaul its operations and ensure no repeat of drug safety violations that led to a multi-million ...

May 22 2013Europe's biggest port, Rotterdam, opens major extension ,AFP
(MENAFN - AFP) Europe's busiest port of Rotterdam opened a multi-billion euro extension on Wednesday, with wider and deeper basins to accomodate the world's biggest freight ships. The Maasvlakte 2 ...

May 22 2013EU leaders face up to shale challenge ,AFP
(MENAFN - AFP) EU leaders agreed Wednesday to face up to the challenge posed by the shale oil and gas revolution which has slashed US energy prices, undercutting Europe's competitive edge. "All ...

more...


 
Click to Apply






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help