facebook
twitter
rss
account
search
search
 

Ukraine defends natural gas policies

April 3, 2013 at 6:02 AM   |   Comments

KIEV, Ukraine, April 3 (UPI) -- Importing natural gas from European markets doesn't violate international law, Ukrainian Deputy Energy Minister Volodymyr Makukha said.

Russian energy company Gazprom accused Ukraine of acting fraudulently by pursuing reverse shipments of European natural gas. Usually, most of Russia's natural gas for the European market heads west through the Ukrainian gas transit system.

"It's an absolutely legal and clean arrangement: gas crosses the Ukrainian border, so what questions can there be?" Makukha was quoted by the Interfax news agency as saying.

Gazprom Board Chairman Alexei Miller said Ukraine was getting its natural gas through third-party suppliers in Europe, which he said was fraudulent.

Ukraine has objected to a pricing scheme from Gazprom, saying it's more expensive than for most of its European counterparts. Fitch Ratings says it doesn't expect Gazprom to offer any relief.

"Miller's recent comments that its prices to Ukraine are rather moderate compared to current spot prices in Europe support this view," the ratings agency said last week. "We therefore believe that the prospects for a new gas price agreement ... are limited now unless accompanied by major concessions from Ukraine."

© 2013 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
Destroyers with ballistic missile defense capability heading to Japan Destroyers with ballistic missile defense capability heading to Japan
2
Brazil, Argentina to strenghten aerospace cooperation; talk Gripen deal Brazil, Argentina to strenghten aerospace cooperation; talk Gripen deal
3
Little girls drop F-bombs for feminism in new FCKH8 video Little girls drop F-bombs for feminism in new FCKH8 video
4
Maker of Camel cigarettes bans smoking in workplace Maker of Camel cigarettes bans smoking in workplace
5
Warren Buffett loses $2 billion in 2 days on investments Warren Buffett loses $2 billion in 2 days on investments
Trending News
Around the Web
x
Feedback