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Olduvai III: Catacylsm
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Russia-Ukraine Gas Spat Highlights Geopolitical Divide

Russia-Ukraine Gas Spat Highlights Geopolitical Divide The latest gas dispute between Russia and Ukraine flared up just as most of Europe was gripped by Arctic cold and just before the spy poisoning scandal in which the UK accused Moscow of poisoning a former double agent in England by a military-grade nerve agent of a type […]

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Ukraine Freezes After Russia Halts Gas Deliveries

Ukraine Freezes After Russia Halts Gas Deliveries Last week, Russia’s state-run gas giant and quasi-monopolist when it comes to European natgas supplies, Gazprom, announced it would not restart shipments of natural gas to Ukraine’s Naftogaz starting March 1 after the two sides failed to reach an agreement, Gazprom deputy chairman, Alexander Medvedev, told journalists. Russian […]

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Ukraine Halts Russian Gas Purchases After Price Talks Fail

Ukraine Halts Russian Gas Purchases After Price Talks Fail It has been a bad day for deals and deadlines all around: first Greece is about to enter July without a bailout program and in default to the IMF with the ECB about to yank its ELA support or at least cut ELA haircuts; also the […]

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As IMF Extends $17.5 Billion Credit To Kiev, Gazprom Demands Debt Repayment

As IMF Extends $17.5 Billion Credit To Kiev, Gazprom Demands Debt Repayment No sooner had the International Monetary Fund (IMF) extended $17.5 billion over four years in new credit to Ukraine, Russia’s private gas giant Gazprom was claiming $2.4 billion of it to settle Kiev’s gas debt. That’s not exactly what the IMF had in […]

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Ukraine Will Have Russian Gas, For Now

Ukraine Will Have Russian Gas, For Now Kiev’s payment of $150 million to the Russia’s government-owned gas monopoly Gazprom will keep supplies flowing into Ukraine for at least the first quarter of 2015. Gazprom said Dec. 31 that Ukraine’s gas company, Naftogaz, had paid in advance for 1 billion cubic meters of Russian gas, including 300 million […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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