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 Russia will not renew contract with Ukraine for gas transit after 2019 - Energy Minister

Russia is likely to abandon the gas transit through Ukraine after 2019. The current transit contract will not be extended.

This was stated by Russian Energy Minister Alexander Novak, Censor.NET reports citing RIA Novosti.

"Mr. Miller has just finished his speech, in which he said that the transit contract with Ukraine will not be renewed after 2019. So now all efforts are aimed at implementing the construction of transportation infrastructure to Turkey, to the border of Turkey and Greece, and delivery to consumers in southeastern and central Europe via this route," Novak said.

Read also: Putin fears that Russia's gas price for Ukraine will be too low

"The contract is valid until the end of 2019. The construction of the new pipeline infrastructure is aimed at diversification of transit risks which occur. I think that this matter (abandoning transit through Ukraine - ed.) is highly solvable," the minister added.

Trilateral talks on gas issues with the participation of Ukraine, the European Commission and Russia were to take place today, but they were postponed at the initiative of Russia. In these negotiations, Ukraine expects to harmonize the conditions of Russian gas supplies for the 12-month period. Currently the gas supply terms have been agreed only for April, May and June 2015.


 
 
 
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