The Verkhovna Rada sped up the modernisation of the gas transportation system and the “death of the South Stream” 

The Verkhovna Rada speeds up the modernisation of the Ukrainian gas transportation system which may allow to suspend the construction of the “South Stream.”

246 members of the Parliament voted on the inclusion of the according bill prepared by the Cabinet of Ministers into the daily agenda.

According to Prime Minister Arseniy Yatseniuk, who reported on this bill in the Rada, Ukraine necessitates significant financial investments in its energy sphere. Continue reading

Ukraine accuses Russia of terrorist attempts on gas pipeline

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Gas pipe at storage facility in the village of Mryn, Ukraine — Reuters

Ukraine’s government urges Europe to block the South Stream pipeline which would allow Russian gas to bypass Ukraine, Prime Minister Arseniy Yatsenyuk stated in Verkhovna Rada (Parliament) Tuesday, June 3, reports Ukrainska Pravda.

“Before the presidential elections there were two terrorist attempts on Ukraine’s gas pipeline system in the Ivano-Frankivsk Oblast,” Yatsenyuk said. Continue reading

EU–Russia energy co-operation successfully continues – Russia laughs at would-be sanctions from EU again

By Vitalii Usenko, April 30, 2014gas

It appears that work on the South Stream pipeline project will continue, reports ITAR-TASS. On April 29, 2014, South Stream Transport BV signed a contract for the construction of the second line of the offshore section (including the Crimean Black Sea shelf, currently occupied by Russia) of the South Stream project with Swiss company Allseas Group. The contract also foresees deepwater laying of the pipeline, so an additional contract was signed with Saipem, an Italian oil and gas contractor, to ensure construction. On the same day, Gazprom signed a memorandum on the construction of an onshore section of the South Stream in Austria, according to Alexei Miller, CEO of Gazprom. Additional agreements to build the onshore sections of the pipeline,have been signed agreement with Bulgaria, Serbia, Hungary, Greece, Slovenia, and Croatia. Continue reading

The first target of Putin’s Russia is not only Crimea, but all Eastern and Southern Ukraine

By Vitalii Usenko

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The conflict between Russia and Ukraine is widely linked to geopolitics; defence considerations; and Putin’s fear of a Maidan in Russia. There are more motives which could be playing a considerable role in this conflict: the “Wild West scenario,” about which many Kremlin analysts have written. Continue reading