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Russia and ESA in money dispute

A money dispute between Russia and France could threaten the ESA/Russian ExoMars partnership, as well as the Arianespace deal that launches Soyuz rockets from French Guiana.

In what appears to be an attempt to force France’s European neighbors to apply pressure to Paris, Roscosmos hinted that multiple cooperative space efforts between Russian and the European Union, and with the European Space Agency (ESA), could suffer if the payments are not freed. The payments, which are not disputed by Arianespace, have been one of the collateral effects of the battle by former shareholders of Russia’s Yukos oil company. In 2014, these shareholders won an initial award of $50 billion from an international arbitration panel in The Hague, Netherlands, against the Russian government for dismantling the company.

Since then, the shareholders have been trying to collect Russian government assets wherever they find a sympathetic legal environment outside Russia, including France and Belgium. In France, different shareholder representatives sought seizure of the Eutelsat and Arianespace payments. The same dispute has blocked payments to other Russian companies. Paris-based satellite operator Eutelsat owes Russia’s biggest satellite operator, Russian Satellite Communications Co. (RSCC) of Moscow, around $300 million for services related to Eutelsat use of RSCC satellites.

Russia needs cash, which is why they need their partnership with Arianespace, which has brought them a lot of cash over time. Their problem is that the money owed the Yukos oil company shareholders has allowed those shareholders to put liens on any Russian earnings in Europe, which has only increased Russia’s financial bind. If Russia can’t get its hands on its Arianespace earnings, then it really makes no sense for them to continue the partnership. Better to threaten to pull out with the hope that the threat will maybe force payment.

Moreover, Russia might also be realizing that it cannot at present afford to participate in ExoMars and is looking for a way to get out of that commitment. This money dispute gives them that out.

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Conscious Choice cover

Now available in hardback and paperback as well as ebook!

 

From the press release: In this ground-breaking new history of early America, historian Robert Zimmerman not only exposes the lie behind The New York Times 1619 Project that falsely claims slavery is central to the history of the United States, he also provides profound lessons about the nature of human societies, lessons important for Americans today as well as for all future settlers on Mars and elsewhere in space.

 
Conscious Choice: The origins of slavery in America and why it matters today and for our future in outer space, is a riveting page-turning story that documents how slavery slowly became pervasive in the southern British colonies of North America, colonies founded by a people and culture that not only did not allow slavery but in every way were hostile to the practice.  
Conscious Choice does more however. In telling the tragic history of the Virginia colony and the rise of slavery there, Zimmerman lays out the proper path for creating healthy societies in places like the Moon and Mars.

 

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One comment

  • Localfluff

    This is why international cooperation is such a bad idea for long term projects like space missions and fusion energy research. It costs much more than with a single mission owner management. It achieves much less. And most likely it will all suddenly be thrown in the bin because of something totally irrelevant and unpredictable which is completely beyond any measure of remedy of any project manager. Like the political status of a peninsula in the Black Sea.

    ESA will see much of this beginning next year, as its member states will get violently hostile against each other with closed borders, trade wars, threats of hot wars, isolationism to protect militarily sensitive high technology industries which includes everything space related. There’s no chance that the bought-by-Saudi social democrats and social conservatives will cooperate with the “nazi” governments which we will get next year in both France and Germany and a few other (soon-to-be former) EU member countries.

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