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Termination of Russian gas transit through Ukraine is under threat, - Naftogaz

According to Yuriy Vitrenko, Naftogaz Executive Director, the low level of domestic gas production is the reason
13:27, 4 July 2019

Public joint-stock Company "Ukrtransgas"
Ukrtransgaz

Ukraine should get ready to complete termination of Russian gas transit since 2020. Yet, this process is under threat now due to the low level of domestic gas production, as Yuriy Vitrenko, Naftogaz Executive Director, reported on Facebook.

“Comparing average daily production reached in December 2018 with the data as of June 2019, the decrease of average daily gas production in Ukrgazvydobuvannia at the beginning of the year makes 9,2%. First days of July showed a threatening tendency,” Vitrenko wrote.

Related: Canadian company to develop three oil and gas sites in Ukraine, - Zelensky

According to him, the company has to wait for termination of gas transit through Ukraine after 2019.

Vitrenko stressed that Naftogaz would use all the opportunities to preserve Russian gas transit after 2019, yet the company required the support of international partners. In particular, the European Commission has to be involved in gas talks with Gazprom.

Related: $430 million to be invested in oil, gas extraction in Ukraine

“We welcomed and continue welcoming the participation of the European Commission and Ukraine’s Government in these talks. We don’t think that this issue might be solved only on the level of relationships between Gazprom and Naftogaz, as it became obvious long ago that Gazprom’s position on termination of gas transit through Ukraine is conditioned by the political aspects and not economic ones,” the message reads.

Related: Club members only: Would foreign companies be allowed to extract Ukraine's gas?

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