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Gas deal still eludes Ukraine and Russia at EU talks

BRUSSELS (Reuters) Ukraine and Russia bargained late into the night on Wednesday but European Union officials trying to broker a deal to resume gas supplies to Kiev as winter sets in said there was canada goose clearance still no accord to announce.

Russian Energy Minister Alexander Novak arrives for gas talks between the European Union, Russia and Ukraine at the EU Commission headquarters in Brussels October 29, 2014. REUTERS/Francois Lenoir

canada goose clearance At talks in Brussels hosted by energy commissioner Guenther Oettinger two days before he makes way for a new buy canada goose jacket EU executive team, officials cancelled an evening news conference at Canada Goose sale which they had hoped to announce a Canada Goose Coats On Sale deal after months of negotiation. Canada Goose Online (1600 ET). canada goose clearance

buy canada goose jacket cheap With Kiev and Moscow locked in conflict over pro Russian rebellions in Ukraine and over the former Soviet state move canada goose store to bind itself closer to the West, the European Union, which also depends heavily on Russian gas, is trying to help overcome wrangling about payments that threatens to disrupt supplies. buy canada goose jacket cheap

Canada Goose Outlet The EU, which has lending facilities to Ukraine along canada goose coats on sale with the IMF, is looking at canada goose releasing more funds. And Germany, a key ally for Ukraine pro Western leaders, has spoken of providing international finance to see Kiev through the winter. Canada Goose Outlet

canada goose store For months, the gas cut off has had little impact. But pressure is mounting for a deal as temperatures start to drop below freezing and Oettinger, who has been mediating, prepares to leave office on Friday, making way for a new Commission. canada goose store

canada goose coats on sale The two sides came close in September, but last week differences were wide over Kiev ability to pay. canada goose coats on sale

Canada Goose Jackets Some of Russian President Vladimir Putin many critics in eastern Europe question his interest in concluding an agreement on commercial grounds and see the temperature of Ukrainian homes in Canada Goose Outlet the coming months being determined more by Kremlin calculations of its geostrategic interests. Canada Goose Jackets

canada goose coats Ukraine’s Energy Minister Yuri Prodan arrives for gas talks between the European Union, Russia cheap Canada Goose and Ukraine at the EU Canada Goose Jackets Commission headquarters in Brussels October 29, 2014. REUTERS/Francois Lenoir canada goose coats

Canada Goose online Oettinger, a German, said before talks began on Wednesday that there was a 50 percent chance of buy canada goose jacket cheap a breakthrough. If he cannot broker a solution, it will be down to his Slovak successor, who takes office on Saturday. Canada Goose online

cheap Canada Goose Weekend elections returned a pro Western parliament in Kiev, potentially stoking tensions with Moscow, although Russia EU envoy, Vladimir Chizhov, said earlier in the day that the mood could be more relaxed now the vote had taken place. cheap Canada Goose

the last canada goose coats rounds of talks, canadian goose jacket let not conceal it, the pre election situation had its influence on Ukrainian side, Chizhov told canada goose uk shop Russian agency RIA Canada Goose Parka Novosti. The only unresolved problem, he canada goose uk black friday said, canada goose factory sale was where to get the money from for canada goose jackets winter supplies.

NOT JUST canada goose black friday sale ABOUT THE MONEY Ukraine Naftogaz company has set aside $3.1 billion in a special escrow account to pay off a chunk of its debt to Gazprom, but Russia is also demanding prepayment for winter supplies before it is willing to turn the taps back on.

canada goose clearance sale Kiev says it is working to raise more money from all possible sources of financing, including the European Union. The European Commission is considering Ukraine request, made last week, for a further loan of 2 billion euros. canada goose clearance sale

But Kiev also says money alone may not be enough.

have an impression that the Russian side doesn want to agree, Ukrainian Finance Minister Oleksander Shlapak said on Tuesday.

canadian goose jacket Analysts said it could be very hard to come up with enough assurances to satisfy Russia, even if Gazprom, and more widely the Russian treasury, would welcome new revenues as the economy suffers from the effects of Western trade sanctions. canadian goose jacket

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buy canada goose jacket For all sides, there is much at stake. buy canada goose jacket

canada goose black friday sale Russia provides around one third of the European Union gas, roughly half of which is pumped via Ukraine. canada goose black friday sale

Ukraine in turn relies on Russia for around 50 percent of cheap canada goose uk its own gas and despite storage has a winter shortfall of around 3 billion to 4 billion cubic metres (bcm), depending on the weather.

canada goose For Russia, the gas sector contributes approximately a fifth of the national budget. canada goose

Sanctions canada goose clearance sale on Russia, which uk canada goose EU officials decided to leave unchanged on Tuesday Canada Goose online while conflict in Ukraine continues, are sapping an already weak economy. But Moscow could well be willing to endure much more hardship for political ends.

Canada Goose sale factors are generally not given precedence when national security concerns are canada goose uk outlet at stake, Pasquale De Micco, a national expert from the European Parliament uk canada goose outlet policy department, said in a research paper on Europe gas supply options. Canada Goose sale

is certain is that a gas war risks harming both parties in the short term and that it would hamper future efforts to re establish mutually trusting relations.

Canada Goose Parka Additional reporting by Vladimir Soldatkin and Ekaterina Golubkova in Moscow, Natalia Zinets and Pavel Polityuk in Kiev and Michael Nienaber in Berlin; editing by Andrew Roche Canada Goose Parka.

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