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Russia may refuse to live up to gas deal commitments after Ukraine recalls lawsuits against Gazprom

Source : 112 Ukraine

Ukraine currently works on the system of agreements that minimize or completely take away these risks, - Naftogaz-Ukraine CEO
20:10, 24 December 2019

Kurdistan24.net

The Russian Federation could drop its commitments in terms of the gas contract with Ukraine after Kyiv recalls its lawsuits against Russia's Gazprom company. Yuriy Vitrenko, the CEO of Naftogaz-Ukraine company said so on the air of Hromadske.

"If we refuse from new lawsuits - and we've got to do so, if the [gas] transit [across Ukraine to the EU] remains, and then, there would be no transit, and it would mean we dropped the suits, which made no sense at all, and it would be a huge risk", Vitrenko said.

He also added that Ukraine currently works on the system of agreements that minimize or completely take away these risks.

Related: Protocol of gas transit negotiations between Russia, EU and Ukraine unveiled

According to Vitrenko, Naftogaz counts on the support of European partners and political support from Ukraine's leadership so that there would be certain pressure on the Russian side and they'd really work on these documents".

As is known, on December 20, representatives of the EU, Ukraine and the Russian Federation made a final agreement on the gas contract. The deal will be signed for five years, with an option to extend it for another ten. Besides, Russia will pay Ukraine three billion dollars under the decision of the Stockholm arbitrary court.

Related: Concessions and pressure: What is behind gas agreement between Ukraine and Russia?

 

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