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May 10, 2019 www.intellinews.com
GAS WARS: Ukraine faces a bleak winter as Russia prepares to cut it off
Ben Aris in Berlin
Winter is coming and it promises to be bleak for Ukraine as Russia is clearly preparing to cut its neighbour out of its gas transit system complete- ly. In an exclusive interview with bne IntelliNews the executive director of Ukraine’s national gas company Naftogaz, Yuriy Vitrenko, says that the company’s base case scenario is all deliveries of
Russian billionaire Fridman closes major Wintershall energy joint venture deal
bne IntelliNews
Russian billionaire Mikhail Fridman has completed the merger of his oil assets with German Wintershall, creating the largest independent oil and gas company in Europe.
Russian gas, including the transit gas to Russia’s European customers via Ukraine, will cease on January 1, 2020.
And Russia is preparing to cut Ukraine off even if the controversial Nord Stream 2 pipeline is
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DEA (Deutsche Erdoel AG) is controlled by the Let- terOne (aka L1) investment vehicle of Fridman's Alfa Group. The joint output of Wintershall and DEA stood at 215mn barrels in 2018.
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