Energy Sector

Gazprom says it has cut 100 per cent of gas to Ukraine

Moscow/Kiev - Russia's gas export monopoly Gazprom said it has fully cut gas deliveries to Ukrainian consumers on Thursday.

A spokesman for Gazprom said it had cut 100 per cent of supplies, or 110 million cubic metres of gas per day, meant for Ukraine from 10 am Moscow time (0700 GMT) after talks on a new deal for 2009 deliveries failed.

Gazprom says it fully cuts gas to Ukraine

Moscow/Kiev - Russia's gas export monopoly Gazprom said it had fully cut gas to Ukrainian consumers on Thursday.

A spokesman for Gazprom said it had cut 90 million cubic metres of gas per day meant for Ukrainian from 10 am Moscow time (0700 GMT) after talks on a new deal for
2009 deliveries failed.

Ukraine asks EU to mediate in gas dispute with Russia

Moscow  - Ukraine asked the European Union to mediate in the escalating dispute with Russia on gas deliveries, as talks failed ahead of a 8.00 am (0700 GMT) cut-off date, a Ukrainian official said.

Bogdan Sokolovsky, Ukraine's representative for energy security said his country asked the EU to mediate, the Interfax news agency reported from Kiev.

Gazprom: No payment received from Ukraine

Moscow - The chief executive of Russian gas export monopoly Gazprom said Wednesday that no payment from Ukraine had been received, despite a threatened New Year's Day cut-off of gas shipments.

Gazprom says it is owed 2 billion dollars by Ukraine, partially for past shipments and partially in late fees.

Suzlon Energy raises stake in Repower to 73.71%; pays Euro 65 million

Suzlon Energy Limited (SEL), a leading manufacturer of Wind Turbine Generator (WTG) and the sixth largest company worldwide, has announced the acquisition of the first tranche of Martifer Groups stake in REpower for _65 million.

The latest deal will take Suzlon's holding in REpower to 73.71 per cent.

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