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Author Topic: EU - Russia energy relationship  (Read 2206 times)
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Starbuck
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« on: January 11, 2009, 07:23:18 AM »

Hi all,


Because I remember some of the heated comments in regards to last summer Russia-Georgia war, and in light of the current (bis repetita) eco-politico showdown between Russia and Ukraine, I would like to provide some food for thoughts about the European "dependance" on Russia's gas and Russian's "domination" in the enegy sphere with this public analysis from Pierre Noël at the European Council on Foreign Relations :

http://ecfr.3cdn.net/c2ab0bed62962b5479_ggm6banc4.pdf (english version)


Best regards,
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jacyna
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« Reply #1 on: January 11, 2009, 18:06:03 PM »

Interesting reading!

Knowing russian history, one can still think that they are doing what they can to make gaz and oil a tool in their hands to put pressure on certain countries when negociating something important to Russia. Even if the amount of gaz is not that big, its still important part and it still can shake the markets...

/Jacyna
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« Reply #2 on: January 11, 2009, 18:09:23 PM »

The European Union has finalized a deal on sending monitors to supervise supplies of Russian gas through Ukraine, an EU spokesman said Friday.
"Conditions for sending the monitors are now and place and gas should start to flow immediately without further delay," Ferran Darradellas told... The deal raised hopes that millions of Europeans would soon have their gas switched on again, two days after the Russian supplies flowing through Ukraine to the continent were shut off amid a dispute between Russian energy giant Gazprom and Ukraine's state-run gas company, Nafrogaz.

Gas did not immediately resume flowing through the pipelines after the EU's announcement, however, Gazprom spokesman Sergei Kurprianov said.

After a flurry of meetings Thursday, representatives from all sides were in further negotiations Friday about the composition of the monitoring delegations
Czech Prime Minister Mirek Topolanek was among those heading to the Ukrainian capital of Kiev on Friday to discuss the deal, a spokeswoman for the Czech EU presidency, Emma Smetana
 The situation is rooted in a dispute between Ukraine and Russia over pricing and contractual terms dating back nearly a year. The two sides failed to reach agreement, leading Gazprom to shut off Ukraine's gas supply at the start of the year.

Gas flowing through Ukraine to Europe initially continued to flow under international transit agreements, but that European supply was completely cut off Wednesday, leaving millions of Europeans facing an especially cold winter without gas. iReporter shivers in Ukraine

Gazprom and Naftogaz blamed the other for shutting the European supply.
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The EU has called the situation "unacceptable." About a quarter of Europe's gas supplies come from Gazprom.

Among Gazprom's accusations is that Ukraine siphoned off Russian gas intended for Europe when its own supply was cut. Ukraine denies allegations of impropriety and called for independent investigations.
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