Via The Kansas City Star, an interesting article on Rosukrenergo, the mysterious firm that had acted as the intermediary between Russia & Ukraine on gas sales. As the report notes: When Ukraine and Russia ended their clash over natural gas supplies last month, resuming the flow to more than a dozen European countries, the agreement […]
Read more »Via The Moscow Times, a report on how one owner of RosUkrEnergo would solve future gas problems. As the article notes: “…Russian, Ukrainian and European investors would each own a third of the company, Firtash said in an interview Saturday. He controls 45 percent of Swiss-registered RosUkrEnergo, the sole importer of gas to Ukraine since […]
Read more »Via Oil and Glory, some interesting commentary on the role of RosUkrEnergo in the recent dispute between Ukraine and Russia. Half-owned by Gazprom and two Ukrainian businessmen, RosUkrEnergo owns no gas, or pipelines, yet earns a flat 20% take off the top of all the gas sold by Russia to Ukraine. As the article notes: […]
Read more »Via Stratfor (subscription required), insightful analysis on how the latest round of the Russia – Ukraine gas pipeline “war” may turn out. As the article notes: “…Russian natural gas behemoth Gazprom has made Ukraine a new offer for the purchase of natural gas Jan. 4, this time raising its price from $179 per thousand cubic […]
Read more »Via The Oil Drum, some interesting background and context on the latest gas-related conflict between Russia and Ukraine. As the article notes: “…it’s worth remembering a few simple facts: The conflict started in 1992, not in 2006; Russia cannot win a gas war against Ukraine and knows it; The real underlying stakes are not about […]
Read more »As noted in The Wall Street Journal, as the shockwaves from the U.S. financial crisis ripple across the globe, the big question on many investors’ minds is: who’s next? As the article states: “…Other countries are susceptible to trouble: Wednesday, Standard & Poor’s said it was considering downgrading Hungary and Ukraine. Both countries have large […]
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