Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home International Customs

Russia’s gas monopoly Gazprom resumes supply to Ukraine

byCustoms Today Report
12/10/2015
in International Customs, Ukraine
Share on FacebookShare on Twitter

KIEV:  Russia’s gas monopoly Gazprom resumed supplies to Ukraine Monday, in a development that will help the country meet its energy needs through the harsh winter months.

Gazprom CEO Alexei Miller said supplies, which were suspended in the spring, recommenced earlier after the company received $234 million out of a promised $500 million prepayment from Kiev. The deal, which was signed last month with the help of the European Union, will ensure that Ukraine will receive Russian gas for six months through March 2016.

You might also like

lamic banking assets reach Rs14.47 trillion, sector share rises to 23%

07/03/2026

Shippers see temporary lull in exports

05/02/2020

Past gas disputes between Russia and Ukraine have led to cutoffs of supply. One standoff in 2009 caused serious disruptions in shipments EU countries in the dead of winter. Temperatures in Ukraine can drop to as cold as -4 degrees Fahrenheit (-20 degrees Celsius) in winter, and most homes in Ukraine rely on piped gas for central heating. Last winter, Russia and Ukraine struck an emergency deal on gas prices, but that expired.

EU-sponsored talks seeking a similar accord for the coming winter began in March. Under the deal, Russia lowered the price it charged Ukraine to the same level granted to neighboring countries, from $251 per 1,000 cubic meters to about $230. The European Commission has pledged at least $500 million of aid to Ukraine for the gas supplies.

Russia’s annexation of Crimea from Ukraine and its support for separatist rebels in the east soured relations between the two countries. Ukraine has since been trying to cut its dependence on Russia gas, buying shipments from European nations which had bought it from Russia at a lower price.

Tags: resumes supply to UkraineRussia's gas monopoly Gazprom

Related Stories

lamic banking assets reach Rs14.47 trillion, sector share rises to 23%

byCT Report
07/03/2026

KARACHI: Pakistan’s Islamic banking sector expanded during 2025, increasing its share in the country’s financial system with assets reaching nearly...

Shippers see temporary lull in exports

byadmin
05/02/2020

Shippers expect the coronavirus outbreak to have the greatest effect on farm product exports, notably fresh fruits and vegetables, with...

Toyota Motor Corp. employees work on the Crown vehicle production line at the company's Motomachi plant in Toyota City, Aichi, Japan, on Thursday, July 26, 2018. Toyota may stop importing some models into the U.S. if President Donald Trump raises vehicle tariffs, while other cars and trucks in showrooms will get more expensive, according to the automaker’s North American chief. Photographer: Shiho Fukada/Bloomberg

Toyota SA to invest over R4 billion in car assembly and parts

byadmin
05/02/2020

Toyota SA Motors (TSAM) has announced a R4.28bn investment in local vehicle assembly and parts supply. Speaking at the company’s...

Over 80 Kilos Cocaine Found On Dutch Plane In Argentina; Three Dutch Arrested

byadmin
05/02/2020

More than 80 kilograms of cocaine was found on a Martinair Cargo plane in Argentina. Seven men, three of whom...

Next Post

Customs duties on new Japanese vehicles to deter importers, consumers

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.