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Thank You US Taxpayers: Russia-Ukraine Agree Terms On Gas-Supply Through March
Good news for the cold-showering, snow-covered Ukrainians... Russia has reached an interim agreement to supply natural gas to Ukraine through March according to Bloomberg. Of course, this will be paid for by more IMF loans (thank you US Taxpayer), pushing Ukraine further into debt and more dependent upon the West.
- *RUSSIA CONFIRMS GAS SUPPLY RESUMPTION TERMS AGREED WITH UKRAINE
- *GAZPROM, NAFTOGAZ CEOS SIGN AMENDMENT TO CONTRACT
- *RUSSIA, UKRAINE, EU AGREEMENT TO COVER DELIVERY THROUGH MARCH
Terms...
- *OETTINGER: RUSSIA TO CHARGE UKRAINE $385/KCM THROUGH MARCH
- *UKRAINE READY TO IMMEDIATELY PAY $1.45B OF GAS DEBT: OETTINGER
- *NAFTOGAZ TO PAY $1.6B AS 2ND GAS DEBT INSTALLMENT BY YEAR-END
Paid for by US taxpayers...
- *UKRAINE TO USE EU, IMF AID TO PAY FOR RUSSIAN GAS: OETTINGER
As Bloomberg reports,
Ukraine and Russia reached an interim natural-gas supply deal in talks brokered by the European Union to secure flows before the heating season, a Russian Energy Ministry spokeswoman said.
The accord agreed by Russian Energy Minister Alexander Novak, his Ukrainian counterpart, Yuri Prodan, and EU Energy Commissioner Guenther Oettinger will enable resumption of deliveries of gas from Russia to Ukraine after they were halted in June in a pricing and debt conflict.
Russian Energy Ministry spokeswoman Olga Golant, speaking by phone, confirmed the agreement.
The 28-nation EU was seeking to avoid a repeat of 2006 and 2009, when disputes between the former Soviet republics over gas debts and prices led to fuel transit disruptions and shortages across Europe amid freezing temperatures.
AP reports,
Moscow and Kiev have clinched a deal that will guarantee that Russian gas exports flows into Ukraine throughout the winter despite their intense rivalry over the fighting in eastern Ukraine.
In Thursday's signing ceremony following protracted negotiations, the two sides promised to get the gas flowing into Ukraine again after a long and bitter dispute over payments.
EU Commission President Jose Manuel Barroso announced the "very important agreement" between the two sides.
Talks to guarantee that Russian gas imports flow into Ukraine throughout the winter appeared to be at an impasse Thursday because of doubts over payments from Kiev.
A European Union official says the negotiations, which were supposed to produce an agreement Wednesday, broke up inconclusively early Thursday, with a draft for a 'common understanding' sent to Moscow and Kiev for consideration. The official asked not to be named because an agreement had yet to be reached.
...
Ukrainian Prime Minister Arseniy Yatsenyuk said the amount his government would pay for Russian gas would fall in line with global oil prices, which have tumbled in recent weeks.
Yatsenyuk said at a Cabinet meeting in Kiev that Ukraine could pay $365 per 1,000 cubic meters from the start of next year, down from the $385 rate agreed earlier this month. He said that figure may be adjusted downward to $378 until the end of the year.
Russian President Vladimir Putin and his Ukrainian counterpart, Petro Poroshenko, agreed earlier this month on the broad outline of a deal, but financial issues, centering on payment guarantees for Moscow, have since bogged down talks.
...
The EU has said previously that Ukraine would settle its energy debt to Russia with a $1.45 billion payment by the end of the month and $1.65 billion more by the end of the year. It has said for new gas deliveries, Ukraine would pay $385 per 1,000 cubic meters, which Russia should deliver following advance payments by Ukraine.
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They should have insisted payments by Ukraine be made in gold bullion.
This is so hillarious my face hurts...
Of course Putin could always shut the valves off and let the Ukraine freeze in hell come January with no-one else left to turn to for supply in a classic redefinition of the term "cold war".
War can be funny like that...
I saw the charge go through on my Credit Card. I have it setup to send me emails with every charge....
I got technology figured out!!!
Well, America did ruin the country with its insane "NATO or bust" strategy. Now that you have lost, the least you could do is chip in to keep the pipes from freezing.
Fair enough.
Lost ?
I'm thinkin, It's still not over yet.
When Crimea comes back to Ukraine, then it will be your lost.
Anybody else getting the sense that ole Vlad is on this. Do not want to be a party pooper. But, hey if the hangman loosens the noose he must have a reason.
By "This" I mean the nicely choreographed cold war redux they got playing at the Sheepplex.
I don't know. In respect to public statements the Russian are concerned over populations. It appears they do not want civilian populations paying for actions of a few.
Like the Germans, their past has made them more aware of conscience, for lack of a better term.
I think their foray into Georgia and withdrawal in a fairly short period of time illustrates something. I do not think he is the conqueror he is made out to be. He is about Russia, that is it.
In my opinion,i do not think that he wants to see ukraine destroyed but just to give them enough leash to survive and for the ukrainians to see how useless the eu is and for the ukraine to be better off joining the customs union.
Big surprise.
A bit of nip in the air and it's all BFF.
"We'll wipe out every one of those Russian dog rebels...
in the Spring."
FAQs: Ukraine/West playing for time? Paid in what currency? Dollars, Euros, Rubles, gold?
Seller beware: Buyer may lose on Principle, but still win on Procedure, if they play for time to ramp alternative sources. IOW, you can win the short game, but lose the long game. Tick, tock.
All while Detroit citizens are getting their water shut off...
You'll love this then... Total annual US aid provided abroad tops $38 billion USD...
...So less than 5% of what we've spent on QE, buying worthless mortgage-backed derivatives from the banks...
As they SHOULD. Currently they are stuffing the Property Owner by not paying their water bill, since the City will go after the only "liquid" party to pay the tab.
The Owner risks foreclosure if they don't pay, and get docked the arrears at Closing, if they sell.
If I were (still) an owner of Detroit inner city properties, I'd add their water bill to the Rent. Better still, avoid "investing" in that hole if you're not local.
If you need to get back on your feet, just miss a few car payments. That's how debt works.
That's the real irony of the situation: All the money that will be poured by EU / IMF into Ukraine will end up directly in payment to Russia
Well, I mean the part of the money that won't be stolen
We are the world, we are the children
We are the ones who make a brighter day
So lets start giving ....less the skim.
Don't be so sure it will end up as payment to Russia. There is still opportunity for the money to be provided to Ukraine, then go missing and still no payment and no gas. Ukraine has been given gas money before; there is no guarantee new money won't be diverted the same as previous money.
So no WWIII until spring? Bullish for stawks, not so much for metals...
Another 70 decade cold war upon us over pipelines except Russai will win this one.
All irrelevant
Big is out .
Ostrum is in .
So are healthy reserves .
The inverse of fractional Banking .
Fractional Investing .
Lose MiniMax : the minimum of the maximal possible losses .
The only real survivability is in the loyalty of persons .
Where investment should lie .
Oil , gas and Banks are going the way of taxis .
There is an Uber waiting for them .
See why :
https://www.academia.edu/9031355/The_Were-Sheeples_Almanac
https://www.academia.edu/9031355/The_Were-Sheeples_Almanac
Vlad has shown me his true colors..Granted I wasn't giving him much benefit of the doubt, but that he did thus before November, is all I need to see......They are all working together and will never give up power. Never.
Agreed! The Chinese will not ride into save the day either. The Cavalry? Look in the fucking mirror. That is the only person who gives a shit.
http://www.themoscowtimes.com/business/article/traders-bets-cause-ruble-...
How Slumping Oil Prices Hit Russia’s Sanctions-Struck Oil Industryhttp://russialist.org/how-slumping-oil-prices-hit-russias-sanctions-stru...
Russian Finance Minister: We Can No Longer Afford Our Military Spending Plan Read more: http://www.businessinsider.com/r-finance-minister-warns-russia-cant-afford-military-spending-plan-2014-10#ixzz3HfaV0OvuYour resonance doesn't extend beyond humor.
Keep up the good work, man.
He didn't say that. Finance minister stated they need to change or modernize the plans, possibly extend them. It was denied.
while
Russia jumps 30 places in doing business: http://rbth.com/news/2014/10/29/russia_jumps_30_positions_in_2014_doing_...
Ruble devaluation compensates oil prices: http://rbth.com/business/2014/10/17/ruble_devaluation_compensates_for_lo...
Russia comes to terms with sanctions (even says who made profits): http://rbth.com/business/2014/10/08/russia_comes_to_terms_with_sanctions...
Shuvalov - Please don't cancel sanctions, there helping us: http://russia-insider.com/en/politics_business/2014/10/30/04-01-32pm/kre...
Economic realities may force west to abandon sanctions: http://russia-insider.com/en/ukraine_business/2014/10/30/04-02-05pm/econ...
Russian's aren't debtors. There will not be a credit crunch: http://russia-insider.com/en/business/2014/10/30/04-01-30pm/russians_are...
Russia's ecommerce can total 30B euroes by 2018: http://russia-insider.com/en/politics_business_society/2014/10/30/04-01-...
Majority of Russian's dont care about falling ruble: http://russia-insider.com/en/business_society/2014/10/30/04-01-37pm/majo...
What stagnations? Russia saw economic growth in September: http://russia-insider.com/en/business/2014/10/30/04-01-39pm/what_stagnat...
What statnation? It is booming: http://russia-insider.com/en/business_opinion_society/2014/10/30/04-01-4...
Russian GDP goes up due to production increase: http://russia-insider.com/en/business/2014/10/30/04-01-41pm/russian_gdp_...
I got more. Seems you are trying to hard. Just to let you know, The Moscow times isn't even Russian. A Russian can tell you that.
Edit: I am not really impressed the total BS that you are your ilk are spewing. Seems like you have some sort of issue with Russia, and cannot even use proper evidence to back up your claims.
Temperatures are cooling. What a surprise. Not
blame it on the polar vortex
Best plan would be to just ship Porky a shi(p)load of beans and let him generate his own gas
Many in U.S. happy to donate to the Vlad fund...but, don't believe he'll get the money until it's in his hand
I may as well emigrate to Russia since that is where my taxes will wind up.
If I stay in the U.S. I fund: the M.I.C., banks, insurers, corporations, the F.S.A., and foreign governments.
This is another betrayal of the East Ukran people. Putin is supplying the most important (currently) commodity needed by the criminals who have been murdering people in EUkran, who shot down an airliner in an attempt to pin the blame on Russia and who will welcome NATO into their country.
Putin forced the EUkran army to agree to a cease fire (or have supplies cut off) when the EUK were in position for major victories. The commander in EUK actually called it a betrayal by Putin.
The countries joining Putin in the anti dollar movement need to keep close watch on Putin to avoid being used.
we are all pawns on the chessboard.
The junta wont be hurt by the gas being cut. Only ordinary people. That in turn would allow the junta to gain an audience for their anti-Russian agenda & propaganda. Putin has actually scored yet another victory here. He knows the rebels are more than a match for the unwilling, unfed junta conscripts sent East. He can boost military aid to them in a flash. He knows ultimately it will have to be the western/Maidan Ukrainians who get rid of the oligarchs and fascist thugs in Kiev. Keeping them warm over the winter is a step towards achieving this.
This.
Putin has done more for Russian people and the country than I can say any leader in my country has done. I am utter disgusted with what is going on and am glad my family left. Shame they went to this country Canada, where the media plays a BS talk on what is going on. At least people wont suffer, even if I am starting to believe my own people should till they wake up.
EUK is trying to win a battle. Putin is trying to win a war.
Oh well, as long as we are printing money, we might as well print up a few billion for Ukrainian Nazis.
One less reason to hold gold.
Don't think the Russians view gold the same way as you. They seem to be buying as much as they can, even with the weak Ruble. Bet some of this money ends up as gold.
Which side of this trade do you want to be on?
Eventually , when the time comes, Russia, China, Germany, Switzland and some others will have their currencies based on gold. Swiss is voting 20% gold backing next month, preventing unlimited printing. US, unfortuantely will not be in a position to do so even if they want to. The implication is serious for dollar holders. When the shtf, some not so stupid little folks will have gold as a defense, others will suffer.
1000m3 = 35,315 cu ft... They paid a little over $10 a million BTU .... WHOLESALE.... US gas is around $3.80 a million Wholesale.... Good news for the US is LNG couldnt be delivered that cheap.
Payment in U.S. dollars....???
Putin being extremely smart.
Cutting gas could have strengthened ukrainian nationalism by multiples.
correct.
the ukrainian economy is bankrupt and if he did cut the gas, putin would of been blamed for the crisis.
US taxpayers are screwed via IMF looting...looted fiat handed over to putin...then putin buys more gold with looted fiat...makes sense
My OGZPY thanks you!
Hava nagila, hava nagila, hava nagila
Ve-nisma-cha, ve-nisma-cha!
How fucked is Ukraine? Well, when an entire nation needs billions in IMF loans simply to keep the gas on for a few months, that is my definition of fucked! After March, Ukraine will be left with more gas bills it can't pay, and with IMF loans it can't pay. What part of Kiev borrowing it's way to prosperity and EU membership do those people seem to believe is going to work? Once you owe the IMF billions, they send in their people, bankers, to run your state budgets. So Euro Maidaners who thought they were days away from EU passports and jobs in Ukraine paying German scale wages and shops stocked like any major German or French city, those people are going to burn the Nazis and their Maidan to the fuckign grownd when they wake up in a couple years to being a second rate bankrupt nazi led banana republic good only for NATO airbases and providing NATO troops with whores and strippers. Our hihgly paid troops can have a good old time "off base" when they do a years tour in Ukraine. Ukraine will become another choice US Military posting. You think anything I said is wrong? I though not. IMF is the fucking master, when Ukies owe those bankers, they will never know what freedom is. Never, Ever. Crimeans are thanking god they voted their way out of that Kiev hell hole Nazi summer camp in Kiev.
Absolutely right, until the scoped nail guns are deployed.
Jacck,
For you viewing and listenung pleasure:
Margarita Montyan - The Oligarchs should have killed Yanukovich, and they destroyed UkraineRead more at http://www.liveleak.com/view?i=fc9_1413680500#RzWiVUYzTToCx3wF.99 http://www.liveleak.com/view?i=fc9_1413680500
How fucked is USAIPAC? Well, when an entire nation needs $$Tens of Trillions in national debt simply to line the pockets of Wall Street bankers, that is my definition of fucked!
How are those sanctions working out?
They seem to be working just fine. Thanks for the funds.
You break it you buy it. Too bad we seem to break everything. I can't believe anyone with natural resources is willing to take paper. In Russia's case it's even more unbelievable since everyone they are dealing with seems to be hostile. I guess the choice for Russia is: take the IMF paper, or get ready for war. Maybe that is the "blackmail" Putin was referring to last week.
This is one of many rounds and the points go to Putin. With all the problems in the Euro-zone and winter approaching the idea of making a deal with Putin is gaining momentum. Russia is the country many in the EU depend on for natural gas. It seems both Russia and many of the separatist in Eastern Ukraine would support federalization. Surely, no reason exist for Kiev to be opposed other than a loss of power.
Support for sanctions is mixed in Europe as some countries fear Russia and have an ax to grind with Putin while others wish to move forward. Saber rattling has only lead to death and destruction. As I see it little good will come from further bloodshed and it is time for the West to stop sending money to Kiev so they can ramp up the violence and continue the civil war. More about how parties are moving towards a deal in the article below.
http://brucewilds.blogspot.com/2014/08/eu-moving-towards-deal-on-ukraine.html
President Obama is just a puppet,a spokesperson for the industrial-military complex that Eisenhower warned us all about and was coming to take power.He does what he's told.Like I said before,if he doesn't,he'll get the same treatment the Kennedys got.
,,," and was coming to take power." The speech was given shortly before leaving office.
so....who runs Bartertown ? ?
I recomend Petro throws a couple billion of his own cash to cover the past due amount. I'm guessing he can afford it?? Maybe instead, Petro can offer the Lugansk and Donetsk regions to Gazprom in lieu of the past due amount Ukraine owes Gazprom/Russia.
If I'm going to fund the IMF's financing of D-Rock and Lord R's schemes for Ukraine, then I'm pretty sure I'm entitled to a blowjob from Christine LaGarde.
Unless the IMF has become another instrument of the US Agency for International Development, it will be demanding a lot more than a pound of flesh from each and every Ukrainian in return for the money loaned to them so far. The terms and the consequences are not yet disclosed to the Ukrainians.
thanks Frau Merkel and the Deutschland taxpayers for paying the bill... :-) All part of the new Ewwww-order! Yet-another variation on the now common SheepleShearing scheming.
Ok so next step is the delivery of the heli-carrier by France to Russia to be paid with IMF $ just received. Such a lovely ballet! This money, never to be repaid to IMF by Ukraine, is so ironic that essentially here US taxpayers are paying for the heli carrier to arm Russia so that next time this Russian vessel shows up is to face the "coalition"
Do not hold your breath. How will the Ukraine pay? Through SWIFT? Ah SWIFT has blocked Russia. Hmmm if the Money is not in the account by mid-November the Gas will be switched off. May be Russia will decide to be paid in Gold.
IMF should send the check directly to Gazprom, not Kiev. Last time Kiev borrowed money from the EU to make a down payment on the gas bill, they diverted the funds to pay for more bombs in East Ukraine.