Tymchuk: The Third Gas War and Kolomoyskiy’s Wall

By Dmytro Tymchuk

Third Gas War: Prologue

On June 13, Ukrainian Prime Minister Arseniy Yatsenyuk ordered Naftogaz Ukraine, relevant ministries, and regional state administrations to prepare for a complete suspension of Russian supplies of natural gas as of Monday, June 16. The PM also ordered the National Energy Regulatory Commission (NERC) to establish economically viable rates for the transit of Russian natural gas through Ukrainian territory.

In turn, Gazprom boss Alexei Miller announced that Ukraine would be moved to a system of advance payment for natural gas as of 10:00 a.m. on June 16: “No payment, no deliveries.” In addition, Miller emphasized that this extension was the final one and was made solely at the request of the European Commission, while Kyiv was resorting to “outright blackmail.”

Such is the current state of the latest round of trilateral negotiations among Ukraine, Russia and the EU. Essentially, there has been no progress. Continue reading