Russian gas transit through Ukraine went up by 60%

Source : 112 Ukraine

Russian gas flow to EU, Moldova and Turkey increased by 6,5 bcm
14:17, 2 February 2016


Russian gas transit to the European Union, Moldova and Turkey through Ukraine went up by 60% (6,5 bcm) in January 2016 compared to January 2015, according to the data of “Ukrtransgaz”.

3,8 bcm of gas were transported through Ukraine to the EU, 0,382 bcm – to Moldova and 2 bcm – to Turkey.

UNIAN informs that “Naftogaz Ukrainy” suggested “Gazprom” to negotiate the cost of transit of Russian gas to the EU after the National Commission for State Regulation of Energetics and Utilities established new rules of cost adjustment for this service.

However, according to the existing contract between “Gazprom” and “Naftogaz”, disputed by the parties in Stockholm Arbitrage, the cost of transit of Russian gas through Ukrainian territory is connected to the gas price.

It is expected that new tariff system will lead to higher cost of transit through Ukraine to the EU after the agreement between the two parties or after the decision of Stockholm Arbitrage.  

Related: Application for Russian gas supplies to Turkey through Ukraine is still relevant - Interfax-Ukraine

Related: "Naftogaz" will borrow $ 500 million to purchase Russian gas

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