1.
Mother said Josh Powell threatened her
MOSCOW, Feb. 24 (UPI) -- The board of directors at Russian energy monopoly Gazprom said it has reviewed Ukrainian gas contracts and will meet delivery obligations.
"The company board will fulfill contracts on gas delivery to Ukraine and gas transit to Europe," Gazprom said in statements published by news agency Itar-Tass.
Gazprom disrupted gas supplies to Ukraine following a January row over arrears and contract negotiations. That dispute left European customers starving for natural gas as 80 percent of all Russian gas bound for Europe travels through Ukraine.
The dispute ended when Ukrainian state oil company Naftogaz signed on to a 10-year contract with Gazprom that included higher prices and stiffer penalties if Ukraine misses payment.
Naftogaz last week, however, warned of a new crisis as debt from regional utilities hurts its ability to pay Gazprom for its gas.
Local utility companies are said to owe the Ukrainian company around $550 million, while the Ukrainian economy suffers gravely from the global recession.
|
|
|
| Additional Energy Resources Stories | |
BAGHDAD, Feb. 10 (UPI) --
Iran has been plundering oil from southern Iraq, a theft on a grand scale that's helping Tehran withstand sanctions aimed at throttling its oil exports.
|
ARLINGTON, Va., Feb. 10 (UPI) --
The United States and Israel have flight tested the Arrow Weapon System to evaluate and verify the missile system's Block 4configuration.
|
Local markets will probably not be swamped by waves of foreclosures following the multi-state mortgage settlement announced yesterday. Rather, the huge inventory of one to two million foreclosures will enter markets gradually....
|
Doubts about the euro are not subsiding, new leadership or not, rescue plan or not.
|
| Stories | Photos | People | Comments |
View Caption
