Subscribe free to our newsletters via your
. Farming News .




OIL AND GAS
Ukraine's justice minister says legal notice given to Russia's Gazprom
by Daniel J. Graeber
Kiev, Ukraine (UPI) May 30, 2013


disclaimer: image is for illustration purposes only

The drafting of a lawsuit against Russian energy company Gazprom is in the final stages, Ukrainian Justice Minister Pavlo Petronko said.

Ukraine has a Friday deadline to settle a debt the Russian energy company says is for $2 billion. No payment means no gas deliveries to Ukraine starting in June, Gazprom officials said.

The deadline coincides with a second round of trilateral energy talks between Ukrainian, Russian and European officials. Under a proposal, Ukraine would settle its debt and offer another $500 million by June 7.

Ahead of the Friday talks in Berlin, Petronko said Ukrainian energy company Naftogaz sent a pre-arbitration statement to Gazprom in a challenge to its contractual relationship.

"The drafting of the lawsuit is in the final stage," he said in an interview broadcast Thursday with RBC-Ukraine.

Gazprom said Ukraine may have to pay in advance for natural gas if a deal isn't reached.

Russia meets about a quarter of the European gas needs, though most of that runs through the Soviet-era transit network in Ukraine.

The crisis is a repeat of contractual rows in 2006 and 2009, but has escalated since political upheaval in Ukraine last year.

The World Bank said Wednesday the situation with Ukraine could slow the Russian economy.

.


Related Links
All About Oil and Gas News at OilGasDaily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








ENERGY TECH
Spain okays Repsol plan for Canary Islands exploration
Madrid (AFP) May 29, 2014
The Spanish government on Thursday gave oil giant Repsol the green light to explore for oil and gas off the coast of the Canary Islands, a move that environmental groups described as "unjustifiable". The environment ministry said in a statement it "has issued a favourable environment impact statement". It said the exploration would take place around 60 kilometres (40 miles) from the shor ... read more


ENERGY TECH
Japan launches land observing satellite

Airbus partners with BAE for radar satellite imagery

Japan launches new satellite to survey disasters

Water mission boosts food security

ENERGY TECH
Beidou to help safeguard fishermen on high seas

China's domestic navigation system guides Pakistan

China's BeiDou system standard ratified by IMO

Russian space agency set to resume Glonass talks with US

ENERGY TECH
Vines choke a forest's ability to capture carbon

International standards reducing insect stowaways in wood packaging material

Canadian forestry firm sues over environmental audit

Emissions From Forests Influence Very First Stage of Cloud Formation

ENERGY TECH
Green and yellow - straw from oilseed as a new source of biofuels

EU study assesses turning CO2 into methanol for use in transport

New, fossil-fuel-free process makes biodiesel sustainable

NASA's Alternative Fuel Effects Research Showcased

ENERGY TECH
Xcel Energy and SunPower to Build 50MW Solar Power Plant in Colorado

Canadian Solar Supplies PV Modules to Power South Carolina's First Solar Farm

Southern and Turner acquire New Mexico's largest solar facility

UK dominates Europe large scale PV activity in 2014

ENERGY TECH
New York coast could be site of new wind farms, U.S. government says

A new concept to improve power production performance of wind turbines in a wind farm

Scottish energy sector gets a bit greener with RWE Innogy project

German energy company RWE Innogy starts turbine installation at mega wind project

ENERGY TECH
China consumes almost as much coal as the rest of world combined

China coal mine death toll rises to 20: report

Rescuers race to save 22 trapped coal miners in China: Xinhua

U.K. Coal may close two deep mines

ENERGY TECH
Tiananmen protest leader haunted by ghosts, 25 years on

China's Xi chooses repression over reform: Amnesty

China blogger 'fired' after John Kerry meeting

China sentences mining tycoon to death




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.