Friday 13 June 2014

Ukraine: sounding the “gas war” alarm bells – beyondbrics - Blogs - FT.com

Ukraine: sounding the “gas war” alarm bells – beyondbrics - Blogs - FT.com:



"Ukraine’s prime minister ordered his government on Friday to prepare for a possible cut-off in natural gas supplies from Russia from Monday – and to initiate a Stockholm arbitration tribunal – citing failed negotiations with Kremlin-controlled Gazprom.



“The energy security of Ukraine and the European Union is being disrupted in connection with the intentional one-sided refusal of the Russian Federation to regulate this conflict,” Arseniy Yatseniuk said in a statement.



The warning that Ukraine and Russia were on the verge of their third “gas war” in eight years threatens once again to disrupt European supplies, after weeks of three-way negotiations between energy chiefs from Kiev, Moscow and the EU."



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