Ukraine cuts gas imports by 30% as Russia loses EU market share (Video)
Ukraine’s gas imports from the EU over the past nine months were three times higher than those from Russia, according to a state-owned Ukrtransgaz, while the three providers of reverse gas flow - Poland, Hungary and Slovakia - have been under increasing pressure from Russia.
The ongoing “gas war” between Russia and Ukraine resulted in excessively high prices set by Russia’s energy monopoly Gazprom for its gas supplied to Ukraine, Ukraine Today reports.
The arbitration court in Sweden is to decide on the complicated case involving reciprocal multibillion dollar claims by Gazprom and Ukraine’s Naftogaz over billing procedures.
At the same time, Norway has topped the list of the main gas suppliers to the EU, leaving Russia behind in the wake of Europe’s fears over its dependence on Russian energy.
See unian.info’s video section for more of the latest news from Ukraine in video from Ukraine Today, Ukraine’s 24-hour English-language news channel.