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Ukraine to sign gas agreements with Russia until December 29, - Naftogaz

Source : 112 Ukraine

Transit agreement will be concluded in accordance with international law and international arbitration, following European standards
09:04, 22 December 2019

Liga.net

Executive director of Naftogaz-Ukraine, Yuriy Vitrenko, assured that all agreements with the Russian Federation on gas transit through the Ukrainian gas transportation system would be signed until December 29, 2019. Ukrinform news agency reports it.

"We must sign everything until December 29, so that transit is preserved from January 1," Vitrenko said.

The agreement between Gazprom and Naftogaz will pre-determine the tariff. The contract will be concluded in accordance with international law and international arbitration, according to European standards, - Vitrenko informed.

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He noted that Gazprom must conclude an agreement with Naftogaz on the organization of gas transit for five years - with certain volumes for which NAK will reserve capacity from a separate operator of the gas transmission system. Gazprom is guaranteed to pay Naftogaz for these capacities, and then Naftogaz - to the operator.

The agreement between Naftogaz and the operator is a standard (for all users of the gas transmission system) transportation agreement, which is determined by the regulator in accordance with Ukrainian legislation.

As we reported, Ukraine and Russia agreed on a five-year gas transit contract with the possibility of extension to 10 years

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