Ukraine says to stop buying Russian gas as Gazprom halts supplies

Gazprom chief, Alexei Miller, said in a statement that Kyiv had not paid in advance for future supplies, nor had it placed new orders.

On Wednesday Ukraine announced it was to stop buying gas from its giant neighbor and banned all Russian airlines from crossing its airspace, in the latest escalation between the two neighbors.

European Commissioner for Climate Action and Energy, Miguel Canete said on Thursday, an Ukrinform correspondent in Brussels reports.

The Russia-Ukraine gas supply dilemma could see a new development as the countries continue political and commercial retaliation, Kallanish Energy learns. Ukraine is the transit country, this is the transit channel which can be trusted, he said. Russian Energy Minister Alexander Novak said that this move would have longterm consequences, leaving Ukraine with a coal deficit, Interfax reported Tuesday.

“Today by 10:00 a.m. Naftogaz Ukraine had used up all its prepaid Russian gas”.

In the east of Ukraine, scene of months of fighting between the government and pro-Russian rebels, a recent rise in violations of a ceasefire between the two sides threatens to shatter the agreement after a period of of relative calm.

Russian exporter Gazprom has announced its halting deliveries to Kyiv until it receives a new prepayment.

Naftogaz said in October that price for fourth-quarter gas supply agreed with Russian Federation was at 227.36 USA dollars per 1,000 cubic meters.

The Nord Stream extension to deliver increased volumes of gas straight to Germany could have serious consequences for Kyiv and European Union nations, the letter said.

After a power blackout in Crimea prompted by an explosion that downed several electricity pylons on Ukrainian territory, the two countries have traded punitive measures with little restraint.

On Wednesday, Ukrainian Prime Minister Arseniy Yatsenyuk said that the Ukrainian government had instructed Naftogaz to halt all further purchases of Russian gas, because the prices offered by Ukraine’s European partners were lower than those of Russia.