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Eugene

(61,782 posts)
Thu Oct 30, 2014, 10:50 PM Oct 2014

Russia and Ukraine agree gas supply deal

Source: BBC

31 October 2014 Last updated at 01:08 GMT

Russia and Ukraine agree gas supply deal

Russia has agreed to resume gas supplies to Ukraine over the winter in a deal brokered by the European Union.

The deal will also ensure gas supplies to EU countries via Ukraine are secure.

"There is now no reason for people in Europe to stay cold this winter,'' said European Commission President Jose Manuel Barroso.

European Union energy chief Guenther Oettinger said he was confident that Ukraine would be able to afford to pay for the gas it needed.

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Read more: http://www.bbc.com/news/business-29842505
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Thinkingabout

(30,058 posts)
1. Seems Russia is going to continue to supply winter fuel because world
Thu Oct 30, 2014, 10:56 PM
Oct 2014

Market crude prices are falling with Saudi flooding the market, it hurts Russia, Iran and ISIS.

 

amandabeech

(9,893 posts)
2. Or will Putin wait until it gets cold to find some way to cut off the gas
Sun Nov 2, 2014, 05:45 PM
Nov 2014

in an attempt to get the EU to drop sanctions?

Thinkingabout

(30,058 posts)
3. Would not put it past him to try this, he is beginning to feel the pinch.
Sun Nov 2, 2014, 08:13 PM
Nov 2014

I would hope EU tries to get another source of heating fuel, it would pinch Putin more if another source gave him competition. He is hurting more than just in the fuel supply.

 

amandabeech

(9,893 posts)
4. If the EU were to diversify supplies, it would certainly give them much more leverage
Sun Nov 2, 2014, 09:37 PM
Nov 2014

over Putin.

It seems that Putin wants to recreate the Soviet Union and the Warsaw Pact. He's hacked off part of Ukraine, and is working on some of the central European NATO countries, like Hungary.

I'd prefer to see the US have a lower profile in the world, but I think that no US profile would be low enough to keep Putin from stirring the anti-US pot and harassing us and our friends no matter where they are.

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