Lloyds Bank, part-owned by the British government, has withdrawn from a U.S. $1.5-$2 billion trade finance deal involving oil major Rosneft, in a development highlighting the growing unease among Western banks in funding Russian deals, Prime reported on June 4.
Russian gas giant Gazprom may reduce the price for Ukraine to U.S. $380 for 1,000 cubic meters from almost $500 if Kiev repays its debt, Ivan Grachov, chairman of the energy committee of the State Duma, the lower chamber of parliament, told Prime on May 30.
The European Union has recommended Kiev not to link Ukraine’s claims to Crimea’s gas reserves with the three-party talks on repayment of Ukraine’s debt for Russian gas supplies, European Commissioner for Energy Guenther Oettinger said on May 28, ITAR-TASS has reported.
Russia is ready to discuss conditions of work on the Crimean continental shelf with the foreign companies that concluded contracts with Ukraine, Novosti Kryma has reported, citing Russian Deputy Prime Minister Arkady Dvorkovich.
An agreement between Naftogaz and Gazprom should be signed before May 29.
Kiev demands from Moscow to return to continental Ukraine gas from underground gas storages of Crimea, which Russia captured as a result of occupation of the peninsula, Deputy Energy and Coal Industry Minister Ihor Didenko told a briefing in Kyiv on May 15, a Ukrinform c
The Russian Ministry of Industry and Trade said on April 25 it was reviewing options to build ships for liquefied natural gas transport at Crimean ports, UPI has reported.
Russia has been looking for ways to supply Crimea with power, Russian energy minister Aleksandr Novak has told journalists. He said the Energosetproekt (Energy Network Project) institute came up with five scenarios, of which the ministry approved five.
DTEK, the Ukrainian energy company led by the nation’s richest man, said customers in Crimea run the risk of power cuts after they didn’t fully pay for electricity they consumed in March, Bloomberg said on April 25.
China takes interest in alternative energy projects in Crimea, Russian Vice-Premier Arkady Dvorkovich has said, ITAR-TASS reported on April 14.