Naftogaz

Hungary's gas operator FGSZ suspended natural gas supplies to Ukraine for an indefinite period of time, Thursday.

Ukraine has been receiving gas from Hungary, Poland and Slovakia since Russia cut off supplies to Ukraine in June in a dispute over unpaid bills.

Ukraine's state-owned gas firm, Naftogaz, called the move "unexpected and unexplained", the BBC reports.

Kiev is prepared to pay an interim compromise price for Russian gas, energy minister Yuri Prodan said, and criticised Russia's Gazprom for being unwilling to negotiate.

Ukraine has begun test imports of gas from Slovakia via an upgraded pipeline, the head of Ukrainian state-owned gas company Naftogaz said on Aug. 16, as the country tries to secure greater energy independence from Russia.

Ukraine’s Parliament has approved at first reading an anti-Russian sanctions package that includes 29 measures, reports RT.com. 

Some of them, including the potential ban on transit of Russian natural gas and other energy resources through Ukraine, however, could hurt the EU.

Ukraine's state-owned utility Naftogaz has insisted that conditions of gas transit to Europe previously agreed with Russian concern Gazprom be revised.

Ukraine announced it would agree to pay USD 326 per 1000 cubic meters of gas following a three-way Brussels meeting over the dispute with Russia.

State-owned energy utility Naftogaz's CEO Andrey Kobolev said the price, which was offered by the EU, a mediator in talks between Kiev and Moscow, was acceptable, according to RIA Novosti.

Moscow, Kiev and Brussels will restart talks on Russian gas supplies today to try to resolve a dispute over price, a Russian energy ministry official said June 8.
 

The EU, Ukraine and Russia have failed to agree on gas issues on Friday's meeting in Warsaw, Poland.

Two more sessions of the three-way energy talks are planned for May, according to the EU Energy Commissioner Gunther Oettinger as quoted by RIA Novosti agency.

Ukraine has agreed on a 50% increase of gas prices for domestic consumers.

Hike of gas bills is part of conditionality set by the International Monetary Fund (IMF) if Ukraine is to be granted an aid package.

State energy company Naftogaz reported that price changes will be into force from May 1, with more rises due to be made until 2018.