Monday, January 12, 2009

Russia To Restart Gas Pumps To Europe On Tuesday

A pressure gauge is seen at a Ukrainian gas compressor station in the village of Boyarka near the capital Kiev January 12, 2009. Russia and Ukraine signed a deal on Monday for a second time to help secure the resumption of Russian gas supplies to Europe, cut off for nearly a week in freezing temperatures. REUTERS/Konstantin Chernichkin (UKRAINE)

From Yahoo News/AP:

KIEV, Ukraine – Russia's state-run monopoly Gazprom announced it will resume shipping natural gas Tuesday to Europe, where tens of thousands of homes and buildings have been left without heat in freezing weather.

Gas supplies will be restarted at 0700 GMT (2 a.m. EST) "if there are no obstacles," Gazprom deputy chairman Alexander Medvedev said in Brussels.

The shift came after Ukraine signed off on an EU-brokered deal that sent teams of EU, Russian and Ukrainian monitors in to track the movement of Russian gas through Ukraine's vast pipeline system. Gazprom had shut off deliveries last Wednesday, accusing Ukraine of siphoning off gas intended for Europe, a charge that Ukraine denies.

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