Jordi Sarda Bonvehi

Courtesy of Ukraine's Cabinet of Ministers

From the PR viewpoint, things went terribly wrong for Ukraine during an energy deal signing ceremony on Monday, intended in part to demonstrate to Russia’s Gazprom that Kiev was moving fast to build its first LNG terminal, and had big backers – and thereby give the country leverage in negotiations over gas prices.

Tragically, the much-sought-after leverage evaporated after a Spanish “negotiator” Jordi Sarda Bonvehi breached authority by signing a non-binding co-operation agreement with Ukraine on behalf of Gas Natural Fenosa, causing all sorts of bother, as reported by beyondbricsContinue reading »

Courtesy of Ukraine's Cabinet of Ministers

Ukraine’s government on Monday rolled out the red carpet for a highly-publicised signing ceremony for a landmark energy deal.

But the event, attended by Prime Minister Mykola Azarov and Energy Minister Yuriy Boyko, quickly spiralled into a fiasco, with denials and confusion over what has actually been signed – and by whom. Continue reading »