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9/26/19

European Gas Supplies: Russia, Ukraine OK with EU law for gas transit

On 19 September in Brussels, Russia, Ukraine and the European Commission held trilateral gas talks at a political level on the long-term transit of Russian gas via Ukraine to Europe as of next year with both sides agreeing in principle that a future contract should be based on EU law, European Commission Vice President for Energy Union Maroš Šefčovič said, adding that Ukraine is gradually implementing EU energy rules. He also noted that Russian gas monopoly Gazprom is well acquainted with them in its commercial relations.

The Commission wants to secure reliable and uninterruptible Russian gas transit through Ukraine into EU countries. The current gas transit contract between Ukraine’s Naftogaz and Gazprom is valid until the end of December 2019. In 2018, 40% of gas supplied by Russia to the EU was delivered within this contract.

Russia, Ukraine OK with EU law for gas transit | New Europe

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