Ukraine and Russia begin to sign gas transit documents

Source : 112 Ukraine

The meeting takes place in Vienna
15:48, 29 December 2019

Ministry of Energy and Environmental Protection

Ukraine and the Russian Federation began to sign documents related to gas transit. The head of LLC “Gas Transmission System Operator of Ukraine” Serhiy Makohon announced this on his Facebook page.

According to him, the process of signing documents has already begun in Vienna.

At the same time, Minister of Justice Denys Maliuska noted that the process was not completed.

On December 20, representatives of the European Commission, Ukraine, and the Russian Federation reached a final agreement on the gas contract. Ukraine and Russia agreed on a five-year gas transit contract with the possibility of extension for another 10 years.

Related: Operator of Ukraine’s Gas Transportation System ready to operate in line with EU rules

As we reported earlier, Kyiv and Moscow refused from mutual claims in terms of gas negotiations. The sides agreed to zero these claims on January 1. Aleksandr Novak, the Russian Energy Minister said so as quoted by RIA Novosti news agency. 

The parties will refuse from the lawsuits, where there are no decisions yet. It became a part of the protocol on the gas cooperation, which was signed on December 20.

Gazprom also agreed to pay Naftogaz 2.9 billion dollars under the decision of Stockholm arbitrary court. The sides will sign a peace agreement, which foresees that the anti-monopoly claims worth 7.4 billion dollars will be lifted. 

Related: Russia-Ukraine gas negotiations in Vienna continue

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