The Ukraine will be lit and warmed up.

The Ukraine will be lit and warmed up in exchange for electricity for the Crimea.

Before the New Year Moscow and Kiev yet signed a contract for the supply of 1.5 GW for the Ukraine in 2015. In return, the Ukraine agreed to close the energy deficit of the Crimea, and Russia can unlock the supply of coal for Ukrainian thermal power plants, stopped in November. The intermediaries of Rinat Akhmetov were eliminated from the electricity supply chain in the Crimea, but kilowatt-hours for the consumers in Crimea will not be cheaper, and the budget subsidies on energy of the Crimea will even grow to 12.3 billion roubles.

Full text available to premium subscribers only.

Buy full access for 24 hours now


Request a quote to subscribe for a longer period

Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
42a Pushkina Street; Ufa, Bashkortostan 450076; Russia
E 54° 43.48836" N 55° 55.52346"
Telephone: +7 927 303 00 25

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer