BBC News - Russia-Ukraine gas deal secures EU winter supply

/business-29842505

  • BBC News - Russia-Ukraine gas deal secures EU winter supply
    http://www.bbc.com/news/business-29842505

    Ben, finalement, pour résoudre la crise du gaz ukrainienne, il a suffi que l’Europe ouvre grand son portefeuille…

    Russia has agreed to resume gas supplies to Ukraine over the winter in a deal brokered by the European Union.

    The deal will also ensure gas supplies to EU countries via Ukraine are secure.

    "There is now no reason for people in Europe to stay cold this winter,’’ said European Commission President Jose Manuel Barroso.

    European Union energy chief Guenther Oettinger said he was confident that Ukraine would be able to afford to pay for the gas it needed.

    He added that the agreement might be the “first glimmer” of hope in easing tensions between Russian and Ukraine.

    This is an important step for our shared energy security in the European continent,” Mr Barroso said.

    The deal follows months of talks between EU officials and the Russian and Ukrainian energy ministers.

    The terms include the EU acting as guarantor for Ukraine’s gas purchases from Russia and helping to meet outstanding debts.

    The total package is worth $4.6bn (£2.87bn), with money coming from the International Monetary Fund as well as the EU. The total includes funds from existing accords with the EU and IMF.

    Unprecedented levels of EU aid will be disbursed in a timely manner, and the International Monetary Fund has reassured Ukraine that it can use all financial means at its disposal to pay for gas,” the EC said in a statement.

    Further work with the international financial institutions on financial assistance to Ukraine, also in relation to gas supplies, will still continue. But all three sides are reassured that Ukraine will have the necessary financial means.

    Donc l’info, c’est : l’Union européenne se porte garante des achats ukrainiens de gaz russe. Étant donné l’état de santé des finances ukrainiennes, c’est sur un vrai triomphe que Barroso et Œttinger concluent le dernier jour de leurs mandats…

    #tout_ça_pour_ça !

    • Évidemment, les contrats à terme pour l’hiver du gaz naturel britannique s’effondrent…

      UK gas prices drop to record low on Ukraine-Russia deal | Daily Mail Online
      http://www.dailymail.co.uk/wires/reuters/article-2815440/UK-gas-prices-drop-record-low-Ukraine-Russia-deal.html

      British wholesale gas prices for November and December fell to their lowest ever levels on Friday after Ukraine and Russia signed a deal which will see Moscow resume supplies of gas over the winter.

      The contract for delivery in November was trading at 52.10 pence per therm at 0758 GMT, down 1.7 percent from the previous settlement but it had earlier touched 52.00 pence per therm, its lowest level since the contract began trading.

      The December contract was trading at 54.60 pence per therm, also down 1.7 percent but touched its lowest ever level of 54.40 pence in earlier trade.