Russia: Helps Ukraine A lot – to Survive!

Ukraine likes to badmouth Russia but Russia always keeps their infrastructure going….

Ukraine has started electricity imports from Russia as domestic thermal power plants experience problems with coal supplies, the Ukrainian news agency UNIAN said on Tuesday, citing the country’s fuel and energy ministry.

According to the ministry, it made the decision on electricity imports due to delays in coal supplies to thermal power plants, unplanned repairs on the second energy unit of the Khmelnitskaya nuclear power plant, and a failure by the state coal company, Ugol Ukrainy, to carry out in full planned coal deliveries.

“The state foreign trade enterprise, Ukrinterenergo, started from September 15 the commercial imports of electricity from the Russian Federation. The amount of electricity supplies defined in a contract with the Russian counterparty, Inter RAO UES, totals 500 MW. The cost of electricity has not been disclosed,” UNIAN said.

Ukraine’s fuel and energy ministry said Russian electricity was being imported at prices 12% below prices on the Ukrainian wholesale electric power market, but declined to specify the length of the contract. (Link)

This is just a small example of what Russia does on a daily bases. For years Russia has carried Ukraine in the Energy side of life. (Even when they owed multiples of billions of dollars in debt.) In fact as of right now they have outstanding, several billion dollars in energy bills.

Yet Ukraine continues to bite the hand that always helps them….

Kyle & Svet

comments always welcome.