“Naftogaz of Ukraine” declared readiness to settle with “Gazprom”

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Photo: Maksim Blinov / RIA Novosti

Kiev is ready to consider Russia’s proposals on the conclusion of a settlement agreement for the dispute with “Gazprom” in the Stockholm arbitration. This was stated by the head of “Naftogaz of Ukraine” Andrey Kobelev, reports RIA Novosti.

He noted that such an agreement is possible only under the condition that it will not interfere with the negotiations on a new contract for gas transit. “We’re definitely not ready to do it in a trilateral format, wasting time of our partners and giving the opportunity to say that we have agreed on something while they prepare the base for the “Nord stream-2″,” the Manager added.

July 17, commercial Director of “Naftogaz of Ukraine” Yuriy Vitrenko promised to provide “to Gazprom” 20-percent discount for Russian gas transit after 2019, if Moscow refuses the implementation of the project “Northern stream-2”.

On the same day the head of the energy Ministry of Russia Alexander Novak said after tripartite negotiations Russia, Ukraine and EU on gas that Moscow is ready to extend the current contract for the transit of gas through Ukrainian territory, or make a new one. “We must resolve all of the disputed relationship before the beginning of the new phase of the relationship, because it is a commercial contract,” he said.

The Stockholm arbitration court issued a decision on the contract for the supply of gas to the dispute between “Gazprom” and “Naftogaz” at the end of 2017. In General, the arbitration has satisfied the requirements of the Ukrainian company, having obliged the Russian side to pay for failure to supply gas transit contract of 2.56 billion dollars. Gazprom challenged this decision, the Ukrainian side is seeking its execution.

The project “Northern stream-2” involves the construction of a gas pipeline between Russia and Germany, which will run under the Baltic sea. The total capacity of the project is estimated at 55 billion cubic meters of gas per year. It is assumed that “Nord stream-2” will allow Russia to increase gas supplies to Europe and reduce transit through Ukraine.

Video, photo All from Russia.

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