pdf; accessed on: February 22, 2010; Nemtsov Yhiah, Russian part in RosUkrEnergo
looks as improper as Ukrainian one.
It could also create new shadowy intermediaries and additional players in the Ukrainian gas sector, akin to the former middleman RosUkrEnergo
, with unknown shareholders and sources of funding.
The Arbitration Institute of the Stockholm Chamber of Commerce on June 8 obliged the Naftohaz Ukrainy to return 11 billion cubic meters of natural gas to RosUkrEnergo
(Switzerland) and provide another 1.
Half of RosUkrEnergo
is owned by Gazprom, and the other half by Ukrainian businessmen who steadfastly refuse to reveal their identities.
It noted that the "latest in the succession of intermediary companies" was RosUkrEnergo
, of which the Russian conglomerate Gazprom and Austria's Raiffeisen Zentralbank are 50-50 shareholders.
But if it is Ahmadinejad who collects the first prize for making the green age more likely to happen, the runners-up must be Russian operators like RosUkrEnergo
who have masterminded the gas threats against Ukraine and helpfully reminded a dangerously dependent Western Europe that if oil is unreliable and costly, pipeline gas is not much better, and that switching from addiction to oil to addiction to gas--as Britain, for example, is busily doing--is no escape.
The trading company, Rosukrenergo
, which is jointly owned by Gazprom bank and a Swiss subsidiary of Austria's Raiffeisen Bank, can charge differing prices to Ukraine because it receives gas from Turkmenistan as well, said Gazprom spokesman Sergei Kupriyanov.
The role and far of RosUkrEnergo
(RUE), the JV intermediary between Gazprom and Ukrainian consumers, have since been under negotiation between Moscow and Kiev.
got an option to re-export 15 BCM, the profit from which previously went to GazExport [Gazprom's export unit].
The report follows the revelation of the shareholder structure of RosUkrEnergo
, a rather opaque entity that has recently taken over all supplies of gas from Russia and Central Asia into Ukraine.
26bn, but only to gas trader RosUkrEnergo
, an intermediary for Russia-Ukraine gas exchanges.
Exports to the CIS countries also travel through intermediaries ZMB (Switzerland) and RosUkrEnergo
and are mixed with gas volumes from Central Asia.