Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Dmitri Gorulko
22 September 2015
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Kiev negotiates a winter package with Russia and EC

Ongoing negotiations between Ukraine, Russia and the EC about a new winter package are nothing like last year

But with very little gas in store as winter nears, Kiev needs to agree terms. After last year’s war of statements and hints about problems with gas transit in winter, Kiev and Moscow are now corresponding mostly on the question of price. Sometimes they even praise their opponent for taking a constructive approach, making a refreshing change. The price of winter supplies remains the stumbling point though. According to energy minister Vladimir Demchishin, Kiev’s position is the same – Naftogaz is ready to pay “European market price” minus $32/’000cm – the cost of transiting Russian gas through Ukraine. The price of Russian supplies for the fourth quarter, in accordance with the contract of 20

Also in this section
Learning from oil’s supercycle miss
5 December 2025
Mistaken assumptions around an oil bull run that never happened are a warning over the talk of a supply glut
Explainer: What do Russia’s oil giants own overseas?
4 December 2025
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
Letter from Saudi Arabia: US-Saudi energy ties enter a new phase
Opinion
3 December 2025
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
Letter from London: Oil’s golden triangle
Opinion
2 December 2025
The interplay between OPEC+, China and the US will define oil markets throughout 2026

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search