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Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Africa Europe Latin America Middle East North America Search Search: Gazprom will start gas supplies to Europe at 0700 GMT AFP - 1 hour 43 minutes ago MOSCOW, (AFP) - - Russian energy giant Gazprom will start gas supplies to Europe via Ukraine on Tuesday at 10.00 local time (0700 GMT), spokesman Sergey Kupriyanov said Tuesday. "The order (to prepare for the start of gas supplies) was given at 0400 local time (0100 GMT), the transit will resume at 10.00 local (0700 GMT)", he told AFP. Earlier Tuesday Ukrainian Prime Minister Yulia Tymoshenko said that Gazprom had resumed gas deliveries to Europe through Ukraine at 0100 GMT. "At 0400 local time (0100 GMT) Gazprom started the flow of gas to Europe. We were at the dispatch center" at the headquarters of the Russian gas giant, she told reporters before leaving for Kiev. Russia and Ukraine on Monday announced they had resolved the gas dispute, saying deliveries to European consumers would resume "soon." Gazprom and Ukrainian gas supplier Naftogaz put pen to paper on a 10-year agreement to provide Russian gas for the Ukrainian market and said all disagreements on transit to the EU had been resolved. "We expect the Russian side to start deliveries of gas to the countries of the European Union in a matter of hours," Tymoshenko said shortly after the ceremony. But the European Union demanded to know exactly when natural gas flows would be restored after a crisis that left millions of people in eastern and central Europe without heating in the depths of winter. Tymoshenko indicated that the price for gas for Ukraine would be based on the "European formula" and it would be different during the year, but on average Ukraine would pay 230 dollars per 1,000 cubic metres. "We hope to reach the level of 230 dollars per 1,000 cubic metres for the year", she said, adding that the price for the year 2010 would remain "10 percent" lower than the "market price". The Ukrainian prime minister also said that Kiev had bought 11 billion cubic metres of technical gas which is necessary for maintaining the pressure in the pipes at the price of 167 dollars per 1,000 cubic metres. The crisis erupted on January 1 when Russia cut gas to Ukraine's domestic market over unpaid debts and demands for a higher price in 2009. The dispute escalated when Moscow halted all supplies for Europe transiting through Ukraine, accusing Kiev of stealing gas. Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: World Petraeus flies into Pakistan for govt talksAFP - 37 minutes ago UK-World SummaryReuters - 39 minutes ago U.S. military kills 22 militants in AfghanistanReuters - 48 minutes ago Guantanamo suspects defiant as uncertainty shrouds hearingsAFP - 1 hour 9 minutes ago With hopes and doubts, world awaits ObamaAFP - 1 hour 14 minutes ago Enlarge Photo Ukrainian Prime Minister Yulia Tymoshenko (L) and Russian Premier Vladimir Putin shake hands during a signing ceremony in Moscow January 19. Russian energy giant Gazprom will start gas supplies to Europe via Ukraine on Tuesday at 10.00 local time (0700 GMT), spokesman Sergey Kupriyanov said Tuesday Most Popular – World Viewed 'Overwhelming emotion' at star-studded inaugural concert Zimbabwe unveils $100 trillion banknote 'Dogs don't wear condoms,' says Baywatch star Anderson Faulty gene condemns millions in India to heart disease: study Hamas announces one-week truce after Israel ceasefire View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular

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