Ukraine Faces Gas Cuts From Russia
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Ukrainian President Viktor Yushchenko met Russian leader Vladimir Putin for last-ditch talks before a deadline on Kiev to pay its gas debts or face supply cuts.
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Oil group BP is close to giving up its stake in a vast Russian gas field to state monopoly Gazprom, potentially tightening the Kremlin&#39;s grip on its energy reserves, a report said Friday.
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Ukrainian President Viktor Yushchenko has asked Prime Minister Yulia Tymoshenko to take over responsibility for solving the gas dispute with Russia, his spokesman Victor Baloga said Saturday.
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International mediators are to try to break the deadlock caused by Ukraine's disputed presidential elections.
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Russia&#39;s top oil exporter YUKOS cut its crude output forecast for 2004 on Monday due to a tax dispute with the state, in a move analysts said was a sign that Russia&#39;s prolific oil growth was set to slow down.
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Russia s President Vladimir Putin, quoted by Associated Press, said on Monday, August 23, that Russia and Belarus have put a sharp dispute over natural gas deliveries behind them.
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Russia&#39;s embattled Yukos oil giant raised the stakes in its bitter standoff with the Kremlin as the company slashed supplies to China in a move analysts said was designed to cause maximum embarrassment in Moscow.
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Ukraine's new president flies to Moscow Monday to spell out to an uneasy President Vladimir Putin just how far he will go in steering his country toward the West and away from its traditional partner Russia.
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But exports to Europe safe after the Russian oil firm seals a barter deal with pipeline monopoly. MOSCOW  - Yukos&#39; crippling tax debts finally forced the Russian oil major to make a much-feared production cut Wednesday.
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Premier Wen Jiabao left on a trip to Kyrgyzstan and Russia, with the Moscow visit likely to be dominated by a surprise cut in Russian oil supplies to China.
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A top Gazprom executive voiced opposition on Wednesday to foreign ownership of Russian energy reserves, saying it could deprive Russian consumers of much-needed natural gas, news agencies reported.
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BP Plc&#39;s Russian venture is likely to  lose its license for the giant Kovykta gas field on Friday,  although Moscow could postpone the tough action until after the  G8 Summit and its landmark economic forum.
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Russia promised to sort out Yukos oil deliveries to China ahead of a visit by Chinese Premier Wen Jiabao dominated by the struggling oil major's decision to cut supplies to the energy-hungry Asian giant.
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It&#39;s a shadow war reminiscent of cold-war conflicts in Third World countries. Russia and the United States are going head to head in Ukraine, the former Soviet republic that holds a pivotal presidential election on Oct. 31.
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Russia and Belarus are no closer to resolving a dispute over demands that the latter pays more for gas imports.
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Ukraine's outgoing President Leonid Kuchma has allowed his prime minister to take a leave of absence ahead of a new presidential runoff, turning up the heat in his standoff with the opposition that has split the country and increased tensions between Russia and the West.
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Ukraine's top court convenes on Monday to try to end an election crisis that threatens to break up the country and is straining relations between Russia and the West.