by Daniel J. Graeber
Moscow (UPI) Jun 27, 2013
European consumers serviced by Gazprom are getting natural gas at levels they'd normally get during the winter, the company's chief executive said Friday.
Gazprom CEO Alexei Miller said the volume of gas to Europe is more than sufficient to meet demands. Gazprom, he said, is helping address the shortage of natural gas extraction from European countries.
"We have been able take advantage of these circumstances, as we have enough resources and transportation capacity," he said Friday.
Gazprom meets about a quarter of the gas needs of the European market. Most of that runs through a Soviet-era gas transmission network in Ukraine.
The company said this week gas supplies were moving through Ukraine according to its contractual obligations. Earlier this month, Gazprom said it wouldn't send gas to Ukraine unless it was paid in advance.
Gazprom says Ukraine is billions of dollars in debt. Gas debt rows in 2006 and 2009 caused natural gas supply disruptions in Europe.
Gazprom is trying to add a layer of diversity to its transit options with its South Stream gas pipeline though southern Europe. European leaders have balked at the project and are moving on their own strategies to get gas from alternate suppliers in the Caspian region.
Natural gas moving through Ukraine, Russian energy company says
Gazprom spokesman Sergei Kupriyanov said the amount of gas sent across Ukrainian territory was in line with the company's contract with Ukrainian energy company Naftogaz.
The amount of gas delivered through Ukraine has been consistent so far this week, the spokesman said. It's increased, however, from the 6.5 million cubic feet sent across Ukraine on June 18.
Gas shipments to Ukraine were halted June 16 when Gazprom said it needed to be paid in advance by its Ukrainian counterparts.
Gazprom meets about a quarter of the gas demands from Europe, though most of that runs through the Soviet-era transit network in Ukraine. Gazprom says it's owed billions of dollars in outstanding gas debt from Ukraine and similar rows in 2006 and 2009 resulted in gas shortages for Europe.
June meetings between Russian, Ukrainian and European authorities focused on settling the debt issue.
Gazprom says those negotiations are ongoing.
All About Oil and Gas News at OilGasDaily.com
|The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.|