Speaking two days before the deadline set by Gazprom, Yulia Tymoshenko said she was certain that “there will be no cutoff of gas [...] no one is going to cut off anything.” But a deal has not yet been reached, and it was announced today that Gazprom has indeed cut supplies to Ukraine by 25% after talks failed. One research analyst from Renaissance Capital Ukraine commented, “This still doesn’t represent a crisis, just a greater degree of brinkmanship. The weather is warm and forecast to stay so, and storage both in Ukraine and further west is unlikely to be depleted after another mild winter.” Gazprom has told the European Commission that gas supplies to the European Union will not be affected by its row with Ukraine. London-listed Russian explorer Timan Oil & Gas will almost triple the amount of wells it has this year, taking its well count to 214 and bringing it closer to a production phase.
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2 Comments
Hmmm, that is an interesting point. Global warming is actually GOOD for Ukraine, because it helps the country to wean itself from dependence on Russian oil and gas. And by doing so, it reduces Russia’s ability to be a menace in the region, making it easier for NATO to protect the former Soviet slave states.So it seems global warming is more complex than one might at first suppose.Global warming may also make it easier for Russia to access frozen energy fields in Siberia, but then again it will therefore make that region that much more attractive to the Chinese.
Maybe I’m mistaken, but hasn’t 2008 been one of the coldest winters for southern Europe, the Middle East, Central Asia, China, etc.?It snowed in Israel, Saudi Arabia, Iraq, and Iran for the first time in decades.It also snowed a hell of a lot in China.