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NAFTOGAZ OF UKRAINE ACCUSED THE MINISTERS OF THEIR OWN DEFAULT

Naftogaz of Ukraine announced a technical default on July 26. It occurred after the company refused to pay the holders of Eurobonds, despite ... ..., the firm received a subsidy of UAH 150 billion (about $5 billion) from the authorities. It was aimed at purchasing natural gas for the upcoming heating season. The firm then noted that only direct financing from the budget would help solve the issue....

Which countries agreed to pay for Russian gas in rubles?

... this will certainly make the country's energy system financially dependent on the Russian Federation. However, now the Slovak authorities are more concerned about the reliability of gas supplies due to the ongoing military conflict on the territory of Ukraine. At the same time, experts note that gas continues to flow steadily in the amount of more than 83 million m³ per day. "Friendly" Moldova sees no problems in buying Russian gas for rubles and. As the head of the Moldovagaz company Vadim Cheban told the media, the country is ...

Nord Stream II preparing for bankruptcy

... state of collapse against the backdrop of Western sanctions and a Russian special operation that unfolded on the territory of Ukraine. It is reported that the application will be submitted to the Swiss court of Zug, which is competent to consider this ... ... oil market (Shell, OMV, Engie, Uniper, Wintershall DEA) took financial part, it was planned to increase the volume of natural gas transported to Germany along the bottom of the Baltic. By the end of February, the situation with the project came to a standstill....

SMALL AND MEDIUM BUSINESSES IN GERMANY ON THE VERGE OF BANKRUPTCY DUE TO FUEL PRICES

The rapid rise in energy prices has jeopardized the work of companies in Germany. However, the problem does not only concern gas stations and the transport sector. According to local experts, existing taxes on electricity and the protracted reform of the public transport fare system could lead to bankruptcy of significant number of entrepreneurs. According to the NEOPresse ...

Mistake of Naftogaz can lead to bankruptcy of company

Ukraine's gas supply worries not only to the current leaders of the Naftogaz company. An expert assessment of the state of affairs in the industry was given by the ex-head of the organization Andrey Kobolev. In his opinion, the new management of the company turned ...

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