Middle East Economic Survey

VOL. LII

No 19

11-May-2009

CASPIAN

Russia Warns Ukraine Over Technical Gas Requirement

Russias Deputy Prime Minister Igor Sechin told EUs Energy Commissioner Andris Piebalgs in a 4 May meeting that Ukraine would need to buy in the immediate future up to 19.5 bcm of technical gas just to keep its pipeline system pressurized sufficiently to service Russian exports to Europe. If this is not done, the tragedy that we lived through in January will develop catastrophically. I...