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2018-05-25 10:35:00

GAZPROM IS GETTING

GAZPROM IS GETTING

REUTERSThe head of Ukraine's Naftogaz said on Thursday EU-mediated talks over future Russian gas transit via the country to Europe must include Gazprom and must be based on firm commitments.

Commenting on an invitation from the bloc to relaunch trilateral gas talks, Naftogaz chief Andriy Kobolev voiced doubts over Russia's willingness to engage in serious talks.

He said Russia's energy minister has agreed to the talks but not Gazprom.

"For the success of the talks, it is important to have Gazprom in the room," Kobolev told Reuters in Brussels. "I am struggling to understand what outcome we are trying to achieve because ... from what I know they are not ready to give any commitment."

Russian President Vladimir Putin said on Friday that Moscow was ready for talks with Ukraine on continued gas transits after their contract expires in 2019, following talks with German Chancellor Angela Merkel last week.

Russia's Gazprom and five European companies, with German backing, plan to build the North Stream 2 gas pipeline on the Baltic seabed to connect Russia directly with Germany.

The pipeline bypassing eastern Europe would allow Gazprom to reduce gas flows through Ukraine, costing it valuable transit revenue.

Kobolev added that the EU's decision to settle its antitrust case with Gazprom on Thursday would not bring any positive market changes, saying the commitments were too vague.

"It seems Gazprom is getting away with everything," he said.

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Earlier:

 U.S. - RUSSIA PIPELINE SANCTIONS
2018, May, 18, 08:55:00

U.S. - RUSSIA PIPELINE SANCTIONS

REUTERS - Washington was focused on using diplomatic means to halt Nord Stream 2, one of several Russian projects to export gas to western Europe via routes avoiding Ukraine, with which Moscow is involved in a series of disputes.

 U.S. BOUGHT UKRAINE
2018, April, 20, 08:35:00

U.S. BOUGHT UKRAINE

U.S.DT - U.S. Treasury Secretary Steven Mnuchin met with Finance Minister Oleksandr Danyliuk of Ukraine. Secretary Mnuchin and Minister Danyliuk discussed the economic and reform outlook of the Ukrainian economy.

 RUSSIAN GAS FOR EUROPE ANEW
2018, April, 13, 17:50:00

RUSSIAN GAS FOR EUROPE ANEW

PLATTS - "It cannot be the case that Nord Steam 2 means that Ukraine no longer has any significance in transiting [Russian] gas," Merkel said after a meeting with Ukrainian president Petro Poroshenko.

 UKRAINE WANT $17.5 BLN
2018, April, 13, 17:35:00

UKRAINE WANT $17.5 BLN

REUTERS - But it warned that all its expectations hinged on Ukraine sticking with its $17.5 billion programme with the IMF, which has expressed concern about perceived backtracking on reforms and delays in implementing policies to tackle corruption.

 UKRAINE'S GAS PRICES WILL UP
2018, April, 2, 09:05:00

UKRAINE'S GAS PRICES WILL UP

REUTERS - The International Monetary Fund told Reuters on Friday Ukraine should allow the market to determine gas prices as promised under a $17.5 billion loan program, after the government extended a below-market level pricing system for households.

 NORD STREAM  NIGHTMARES U.S.
2018, March, 14, 11:35:00

NORD STREAM NIGHTMARES U.S.

OGJ - Sandra Oudkirk, deputy assistant secretary for energy diplomacy at the US Department of State’s Bureau of Energy Resources, said Nord Stream 2 matters to the US because it would cement a transportation system in place that could perpetuate dependence on Russian gas for some key US allies. “It would not increase the amount of gas coming into Europe, only replace volumes that now are being transported through Ukraine,” she said.

 

 U.S. - RUSSIA SANCTIONS
2018, January, 31, 11:00:00

U.S. - RUSSIA SANCTIONS

U.S.DT - The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today designated 21 individuals and 9 entities under four Executive Orders (E.O.s) related to Russia and Ukraine, including three individuals and two entities related to Russia’s transfer of four turbines made by a Russian-German joint venture to Crimea.

Tags: RUSSIA, EUROPE, UKRAINE, GAZPROM, GAS

Chronicle:

GAZPROM IS GETTING
2018, June, 20, 12:45:00

NORWAY'S OIL PRODUCTION 1.629 MBD DOWN 236 TBD

NPD - Preliminary production figures for May 2018 show an average daily production of 1 629 000 barrels of oil, NGL and condensate, which is a decrease of 236 000 barrels per day compared to April.

GAZPROM IS GETTING
2018, June, 20, 12:40:00

LIBYA'S OIL PRODUCTION DOWN 400 TBD

PLATTS - Libyan crude production has fallen around 400,000 b/d -- or nearly halved -- due to militia attacks on the eastern oil terminals of Ras Lanuf and Es Sider, the head of the country?s National Oil Corp. said Tuesday.

GAZPROM IS GETTING
2018, June, 20, 12:35:00

VENEZUELA'S OIL PRODUCTION DOWN

PLATTS - Venezuela's crude output averaged 1.36 million b/d in May, down from 1.41 million b/d in April, and 1.9 million b/d in May 2017, according to S&P Global Platts. The International Energy Agency said it could fall to 800,000 b/d or even lower next year.

GAZPROM IS GETTING
2018, June, 20, 12:30:00

NIGERIAN OIL SALES

PLATTS - Nigerian oil has been slow to sell this month as bidders for the country's July-loading heavy and light sweet crudes have been absent from the market. Market participants pegged the amount of unsold Nigerian barrels loading in July at 20 million-34 million barrels, amounting to roughly 40%-75% of what is produced in a month.

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