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Russian PM Medvedev calls options to conclude gas contracts with Ukraine

The simplest option is the preservation of existing terms of the contract, as he said. The second option is to create a consortium, which was discussed earlier
13:39, 11 July 2019

Open source

Russian Prime Minister Dmitry Medvedev announced the options concerning expiry of the duration of gas contracts with Ukraine at the end of 2019 at the meeting with the representatives of Opposition Platform – For Life party, as RBK reported.

“The situation is weird, absurd, silly when gas consumers in our state pay 25% more than they could,” Medvedev said.

The simplest option is the preservation of existing terms of the contract, as he says. The second option is to create consortium which was discussed earlier.

Related: Naftogaz comments on Gazprom statements about direct gas supplies contract from Russia

The Russian Prime Minister believes that the issue of the gas contract could be raised after the snap elections to Verkhovna Rada and creation of the new Government.

The idea to create a consortium on the regulation of the gas transportation system of Ukraine with Russia’s involvement implies the participation of three sides – Ukraine, Russia, and EU. But in 2013 after Ukraine’s Government decided to sign an agreement of association with the EU, Russia refused from creating a trilateral consortium. In March 2019, Gazprom Head Alexey Miller claimed the company was ready to form a bilateral gas transportation consortium with Ukraine if Ukraine proposes it.

Related: English court to suspend Gazprom's $ 145 mln if it gets profit from Nord Stream, - Naftogaz-Ukraine

In his turn, Co-Chairman of Opposition Platform – For Life party and former presidential candidate Yuriy Boyko, who was present at the meeting with Medvedev, claimed a possibility to sign a contract with Gazprom on direct gas supply to Ukraine till August.

He specified that Gazprom and the Ukrainian side held a meeting on gas issues and “made progress on the contract on direct purchase of gas bypassing the mediator”.

 

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