• Sprott Money
    05/26/2016 - 05:58
    How many “emergency” “secret” meetings do the central planners around the world need to have before the citizens of the respective countries begin to fully understand and take notice that something...

Ukraine Accuses Russia Of Imminent Gas Cut-Off, Russia Denies, Germans Anxious

Tyler Durden's picture


So much for the Russia-Ukraine talks bringing the two sides together as even Germany's Steinmeier could only say it's "hard to say if breakthrough made." Shortly after talks ended, Ukrainian Premier Yatsenyuk stated unequivocally that "we know about the plans of Russia to cut off transit even in European Union member countries," followed by some notably heavy-on-the-war-rhetoric comments. The Russians were quick to respond, as the energy ministry was "surprised" by his statements on Ukraine gas transits and blasted that comments were an "attempt at EU disinformation."


As National Radio reports,

Russia to halt gas transit to Europe via Ukraine in winter - Ukrainian Premier


"We know about the plans of Russia to cut off transit even in European Union member countries. That's why [Russian] companies were ordered to maximally pump gas to the storage facilities on the territory of Europe," he said before starting the regular Cabinet meeting on Wednesday.


The Premier said that Russia is also forming plans to stop all supplies of energy resources to Ukraine.


"We know about Russia's plans to basically switch off all energy resources for Ukraine," he added.


Yatseniuk added that Ukraine had accumulated nearly 15 billion cubic meters of gas in its underground storages and now deals with diversification of coal supplies to the country, "since the Russian Federation and its mercenaries bomb and destroy coalmines [in eastern Ukraine]."


Besides, Yatseniuk reported that Ukraine hopes to continue the talks and consultations in the trilateral Ukraine-EU-Russia format to address energy concerns.

*  *  *
Of course, amid all this disinformation, the Russians remain confident that Ukraine will simply be syphoning what it needs... (and the European leaders are worried about the implications of Ukraine's threats and actions)...

h/t @Erula1

*  *  *
The Russians responded...


*  *  *
Of course -the question is - does Russia have a 'contractual obligation' with Ukraine if it is not paying the bills...

*  *  *

We leave it to the Germans to summarize the de-escalation...

Your rating: None

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Wed, 08/27/2014 - 10:53 | 5149086 Sudden Debt
Sudden Debt's picture

Europe is making a ass of itself by listening to Ukraine at all...

Wed, 08/27/2014 - 10:55 | 5149099 nathan1234
nathan1234's picture

Europe is making an ass of itself listening to the US

It should stop braying American sounds

Wed, 08/27/2014 - 11:00 | 5149127 john39
john39's picture

you have to assume that the contract is basically the same as any other contract...  no payment, no goods...  so either europeans pay for Ukranians stealing gas, or Russia has the contractual right to halt delivery.

Wed, 08/27/2014 - 11:12 | 5149174 GetZeeGold
GetZeeGold's picture



Germans Anxious


Only a few short days until winter hits.....hope Merkel is good at poker.

Wed, 08/27/2014 - 11:16 | 5149194 percyklein
percyklein's picture

Probably stocking up on Depends.

Wed, 08/27/2014 - 11:34 | 5149282 espirit
espirit's picture

If only to burn during cold winter when they run out of US fiat.

Wed, 08/27/2014 - 11:44 | 5149328 Wolferl
Wolferl's picture

Two year + supply of heating oil in my storage tank. In addition to 30 acres of best woodland that will keep us warm for generations if necessary. Those fucktards in eastern Europe can do whatever they want.

Wed, 08/27/2014 - 12:34 | 5149579 Publicus
Publicus's picture

Putin to Europe: Got Ruble?

Wed, 08/27/2014 - 13:20 | 5149816 MalteseFalcon
MalteseFalcon's picture

Russia has no intention of cutting off Europe.  Europe pays its bills and Russia likes getting paid.  Ukraine, on the other hand, would like to cut off the gas, but not get the blame.  So what happens?  The Ukes, who have zero credibility, say the Russians will do exactly what the Ukes want done.

The stream of BS is endless.

Wed, 08/27/2014 - 13:21 | 5149837 MalteseFalcon
MalteseFalcon's picture

Germany is nervous because they don't want to be a pawn sacrificed in the US game.  For historical perspective see the 1973 oil shock where OPEC aimed at the US and hit Europe and Japan instead.

Wed, 08/27/2014 - 13:32 | 5149891 Latina Lover
Latina Lover's picture

One of the biggest post cold war blunders was the participation in the overthrow of the Ukie government in Feb. 2014.  Blowback  is a bitch, bitchez.

Wed, 08/27/2014 - 15:35 | 5150741 HenryHall
HenryHall's picture

I hope this stop of energy supplies to Ukraine includes nuclear fuel and oil as well as gas.

Wed, 08/27/2014 - 13:22 | 5149845 Sandmann
Sandmann's picture

Russia is a major trading partner of Europe as it was pre-1914 when it propped up the UK and Germany after the McKinley Tariff 1890 cut off US markets. Russia was a fast-growing market pre-1914 which it is now - the US simply wants to keep Europe locked in a Cold War Embrace as does the UK. Germany + Russia + BRICS is global power

Wed, 08/27/2014 - 14:06 | 5150091 Sirius Wonderblast
Sirius Wonderblast's picture

Maybe EU will suddenly realise South Stream is a good idea after all?

Wed, 08/27/2014 - 11:19 | 5149200 espirit
espirit's picture

As I'd said in a previous post, the Ukes will blow the pipeline and blame the Ruskies.


This playbook has been used before but they don't understand we've got a copy and keeping track.

Wed, 08/27/2014 - 12:54 | 5149666 tonyw
tonyw's picture

another day another ukie lie, of course they will blame the ruskies and claim black is white or vice versa.

See how they claimed the relief convoy was for military equipment and that russia had therefore invaded the ukraine.

Just ignore the fact they have been and are massacring their own people, destroying the infrastructure including bombing coal mines and water treatment works.

I guess that must have been terrorist water.

Clive Maund gives a good explanation of why it is being done (spolier - global dollar hegemony but you already knew that if you've been paying any attention at all) and how stupid the europeans are to go along with the exceptional country when it is against their interests - but maybe not the interests of their "leaders".



Wed, 08/27/2014 - 11:50 | 5149358 germanski
germanski's picture

North stream can supply all of German needs (40 bio btu, or what that unit was) and additional 15 to sell at a good price to anybody interested in central europe (half german RWE, and gazprom)

Germany can sit out any and all of this

Wed, 08/27/2014 - 11:59 | 5149397 schatzi
schatzi's picture

I'm amused by the assumptions of "panic" and "anxiousness" in Germany of "possible gas cut threats".


How thick is that tinfoil on your heads to believe Russia will stop supplying Europe (its only major gas customer) with the only thing they have to export (commodities). The energy industry in Europe is undergoing major changes in regards to energy type, supply sources and energy conservation. Political posturing is an additional catalyst for change next to price. You threaten long enough and eventually nobody will need that gas because whole countries have adapted and adjusted their supply to more reliable sources or invested heavily enough into new home grown energy alternatives.

Wed, 08/27/2014 - 13:33 | 5149905 Latina Lover
Wed, 08/27/2014 - 15:45 | 5150785 Dutti
Dutti's picture

Yeah, right: Germany is getting out of nuclear and replacing it with solar and wind, which costs the taxpayer dearly. Are they going to replace gas with more solar? You must be joking? However, I agree, Russia has no interest to cut off their paying customers.


Wed, 08/27/2014 - 17:26 | 5151277 Idaho potato head
Idaho potato head's picture

"attempt at EU disinformation " excuse me while gag and wretch.

Wed, 08/27/2014 - 11:36 | 5149250 Kirk2NCC1701
Kirk2NCC1701's picture

And some of us here want to see the Terms & Conditions clauses of said Contract.  IOW...What Currency is used to pay for the gas? 

The far bigger concern for the US is if they EU has to pay for it in Rubles of Euros, instead of Dollars. 

Although the J-Hole A-Holes did not talk about this, they SHOULD have.  Come winter, Porky will wake up one morning and hear that USD Debt Notes won't pay for the gas any more.  Nor will his or Belgian chocolates.

Thu, 08/28/2014 - 00:25 | 5152603 LostandFound
LostandFound's picture

From an overall perspective, the Kiev Junta is slaying pro-russians in the East. These same pro-russians are desperate to join mother Russia.

Notwithstanding the above, the Kiev Junta are not prepared to pay 'market rate' for the gas they consume and are currently in excess of $3 billion in debt to Gazprom for gas already consumed.

Tell me this, do you think his people will be behind Putin if he continues to supply Gas to western Ukraine?

Even the wording from the Russian response is clear, there is no contractual obligation to continue supplying gas, Kievs arrogance backed by NATO will cause serious escalation in the next quarter

This period is what we call squeeky bum time....

Wed, 08/27/2014 - 11:01 | 5149134 y3maxx
y3maxx's picture

...Whatever Ukraine says....the opposite is true...bank on it.

Ukraine = Goldman Sachs

Wed, 08/27/2014 - 11:20 | 5149216 nathan1234
nathan1234's picture


In short

Ukraine is in the Sack with Goldman

And the stink is overpowering


Wed, 08/27/2014 - 13:47 | 5149974 7.62x54r
7.62x54r's picture

And gues who owns Goldman Sachs ...

The Mayer family is still butthurt about being kicked out of Russia in 2008.

Wed, 08/27/2014 - 11:01 | 5149136 Haus-Targaryen
Haus-Targaryen's picture

How much escelation can there be before the Russians invade?  

Come on Putin!   

Wed, 08/27/2014 - 11:07 | 5149160 Thom_333
Thom_333's picture

A lot more...Putin plays very well and refuses to be gamed by U.S. How much no gas delivery in january and february can the EU and Germany take... before they resort to forcing Ukraine to export the gas they stored?

Wed, 08/27/2014 - 13:01 | 5149709 tonyw
tonyw's picture

Acording to local reports which of course we don't see in our MSM the seperatists are starting to push back the junta army.

Reports are saying that equipment is being supplied from germany (including others) to replace that destroyed by the seperatist.

Germany has large storage facilities - 90 days from memory, assuming they have topped off their storage as they do during summer, with the northstream they should be OK it will be other countries who suffer.


Wed, 08/27/2014 - 13:17 | 5149803 SmittyinLA
SmittyinLA's picture

... before they resort to forcing Ukraine to export the gas they SAID they stored?

You don't honestly think a Socialist govt can "park" or "store" assets anywhere in their kleptosphere and have them back? 

Gas storage is expensive, ideally you don't store much, your supply lines are your primary storage. 

Gas storage may take 20 years to pay for if you use it.

You think the EU elites who are too cheap to employ locals rather than Muslims would spring for massvie gas storage to help Ukraine?

They'd rather spend the doh on cocaine sex parties than real infrastructure

Wed, 08/27/2014 - 16:59 | 5151189 Thom_333
Thom_333's picture

I don´t know what the Ukies have promised to deliver...but you know...this is like with the mafia.Promising something that you subsequently can´t deliver...not very good for your health.

Wed, 08/27/2014 - 11:56 | 5149386 indygo55
indygo55's picture

The action in Syria will come first.


Wed, 08/27/2014 - 17:03 | 5151201 Thom_333
Thom_333's picture

Yes. You are probably right. But I have always wondered why the Russians and their allies so far have resolved to take the high road. After all it can´t be that difficult to do the same to the U.S - Israel  - Saudi coalition and stick a number of alternative terrorist organizations into Saudi and blow up their oilfields and facilities. Would mean a nice price picture for Russian oil and huge revenue jump for Gazprom.

Wed, 08/27/2014 - 10:57 | 5149102 john39
john39's picture

OT, but news this morning out of Syria shows that the IDF is assisting the so called 'islamic militants' take the border crossing between Syria and Israel from government forces...   you have to laugh at the orwellien bullshit in the article, which claims that Israel attacked the Syria government forces because of 'stray fire'...   while ignoring the "militants"....


the war in Syria is getting kicked into high gear by zionist forces, whether IDF directly, or their proxy 'militant' army....

Wed, 08/27/2014 - 11:02 | 5149141 Dr Strangemember
Dr Strangemember's picture

With this kind of monkey buisiness going on regarding NG and poor ole Europe, it's time to start looking to go long low cost LNG producers gang.  PNG (the country) is a huge and upcoming producer that just started exports last month.  Check out OSH, IOC,...  they're all into this big time.  

You can thank me later.

Wed, 08/27/2014 - 11:23 | 5149231 emersonreturn
emersonreturn's picture

dr strangemember,


XOM is there, as well as soros.

Wed, 08/27/2014 - 13:04 | 5149726 tonyw
tonyw's picture

the thing is that for LNG huge plants are required, you can't just have a ship rock up and discharge the gas into the mains.

these plants take years to build.

Wed, 08/27/2014 - 11:19 | 5149207 john39
john39's picture

and meanwhile, chairman obamao announces that he intends to drone away in Syria...  this is not going to get ugly fast.

Wed, 08/27/2014 - 11:35 | 5149287 Kirk2NCC1701
Kirk2NCC1701's picture

And speaking of all the Drought articles on ZH in recent days... How's that Perma-Drought working out in Erez Israel?

Never mind "Got oil?".  GOT WATER?


God of Moses to BB: "Thou shall not covet thy neighbor's goods, nor his land, nor his water"

BB: "Fuck you, God!  I don't pray to the 'God of Moses'.  I got my Talmud and a Babylonian God.  I can covet, steal or kill all I want."

Wed, 08/27/2014 - 11:13 | 5149182 Dr. Engali
Dr. Engali's picture

Europe is making an ass out of itself by following the lead of the assholes running this country.

Wed, 08/27/2014 - 17:04 | 5151208 Thom_333
Thom_333's picture

Oh  - I think they know.Western politicians just looking out for an opening to get out of this mess. Without getting Gladioed.

Wed, 08/27/2014 - 11:35 | 5149293 ChiangMai
ChiangMai's picture


"Europe is making a ass of itself by listening to Ukraine at all..."

Here's a vision for these Nazis, oligarchs, mercenaries, war criminals, and assorted thugs that needs to happen ASAP:

The Ukraine Rope a Dope

Brad Cabana / Rock Solid Politics

27 August 2014

At the time of this post there are 9 encircled formations of Ukraine troops with an estimated total strength of 20,000…the units now trapped, and the ones trapped prior to this and already eliminated, represent the entire core of Ukraine's professional army…

…the NAF has moved in the South…including an amphibious landing just east of Mariupol on Ukraine's south coast...

…With Ukraine's entire rear exposed, including all the way to the capital Kiev, it will have no choice but to rapidly withdraw West…The NAF will...be free to advance in the centre and bypass (if still heavily defended) or capture Slavyansk and area moving directly to the City of Dnepropetrovsk on the Dnieper River - which is to become the new westerly border of a new Novorossyia (New Russia).

…Once the NAF capture and secure Melitopol, the Ukraine defences along the Crimea border are exposed from the rear. At that time the separatist region of Moldova, Transnistria, which houses Russian and "Transnistria Self-Defence Forces", is likely to strike southward toward Odessa....

All these moves combined mean a few things…Ukraine will cease to function as a country. Its already desperate financial position will be crippled by the loss of one half of the country - the most resource rich part. Thirdly it means that Ukraine will become landlocked and essentially a new "pocket - like" area. If NATO were to move into this area, they would be surrounded on three sides by Russia, Novorossyia, and Belarus. It would be indefensible. Therefore, Ukraine, or what's left of it, turns into an economically barren no mans land between East and West…


Wed, 08/27/2014 - 13:10 | 5149748 tonyw
tonyw's picture

as i mentioned above, whilst the junta has lost much equipment, possibly all the serviceable aircraft, it is being resupplied by other countries who have the same equipment from the old days so the battle is being prolonged.

since the seperatists seem to be able to shoot down low flying aircraft having an airforce does not seem to be such a huge advantage.


Wed, 08/27/2014 - 13:59 | 5150016 ChiangMai
ChiangMai's picture



 "...it is being resupplied by other countries who have the same equipment from the old days..."

That's OK. ;-)

18 seconds of delightful snark from the DNR leaders, at the same Birth of a Nation press conference I linked elsewhere here:

02:13 - 02:31:

Now regarding the parade [Donetsk, Independence Day, 24 August], I deliberately put the trophy equipment on display on Lenin Square.

Everything that will come to us from Kiev, will end up in the same condition sooner or later. The more will come, the easier it will be for us to restore our economy. As you may know, metallurgy is one of our main industries.


Wed, 08/27/2014 - 12:14 | 5149471 Freddie
Freddie's picture

F dual-citizen Yats and his other zio-cronies.

Wed, 08/27/2014 - 10:54 | 5149093 saints51
saints51's picture

lol at this fucking guy!!!!!!

Wed, 08/27/2014 - 10:55 | 5149095 aleph0
aleph0's picture



Someone tell those KIEV idiots to just STFU.

It used to be funny , now it's just annoying.


Wed, 08/27/2014 - 10:58 | 5149111 kowalli
kowalli's picture

country commits suicide, a unique phenomenon, look carefully

Wed, 08/27/2014 - 11:47 | 5149346 ChiangMai
ChiangMai's picture


"Someone tell those KIEV idiots to just STFU."

Here's two guys with the vision and purpose to do it:

Watershed press conference by top Novorussian officials (MUST SEE!)

The Vineyard of the Saker

26 August


For those with only 90 seconds to spare:

24:30 - 26:02:

Let me clarify. No federalization can be possible today. There is a time for everything. We asked for the federalization three months ago, then we asked for permission to hold a referendum. That time has passed; now we want to live independently…By now so much blood has been spilled and so many people have died for freedom. How can we speak of federalization?…we want to live independently. We have very rich land…We are a self-sufficient region with its agriculture, developed industry, forests, fields, and seas.

Donetsk National Republic (DNR) newly created military forces announced at the press conference excerpted above:

• 2 tank battalions

• 2 full artillery brigades

• 2 Grad divisions

• 1 mechanized infantry battalion

• 3 infantry brigades

• 1 special purpose assault airborne brigade

• 2 field hospitals

• 1 maintenance brigade


Wed, 08/27/2014 - 11:05 | 5149114 tony wilson
tony wilson's picture

kiev zionist jews accumulated nearly 15 billion cubic meters of gas in its underground storage.  

the pipes and the gas

did they build it

did they make it

did they drain it

did the suck it

did they pay for it

or just steal it.

by freezing the zionist nazi

it will tempt some folks to burn tora

and talmud to keep warm.

happy hanukkah scum suckers

Do NOT follow this link or you will be banned from the site!