Russia will have to sign a new gas transit contract with Ukraine because before the launch of Nord Stream-2, it is nonetheless essential to furnish gasoline to Europe, said Natalia Boyko, Deputy Minister of Energy and Coal Industry of Ukraine.
According to her, Kiev will not compromise by the selection of the Stockholm Arbitration, in view that Moscow’s role is “deteriorating and deteriorating.”
“Until January 1, 2020, Russians nevertheless do no longer have time to build their well-known Nord Stream 2.” They nevertheless have to somehow transport their gasoline to Europe. Therefore, the longer the Russians pull, the greater challenging the final negotiations will be, ”Boiko stated on the UMN channel.
The contemporary gasoline transit contract between Gazprom and Naftogaz expires at the stop of 2019. The Nord Stream 2 pipeline is scheduled to be launched on January 1, 2020.
On January 21, the Minister of Energy of the Russian Federation, Alexander Novak, stated that in order to retain the transit of Russian gas via Ukraine, the new settlement need to be beautiful and the route competitive. In addition, it is necessary to repair the balance of interests. two parties and the symmetry in duties.
In December 2017 and February 2018, the Stockholm arbitration court ruled on disputes between Gazprom and Naftogaz, obliging the Russian organization to pay $ 4.7 billion. At the identical time, Naftogaz was to reimburse the Russian Federation for over $ 2 billion. Thus, Gazprom owed $ 2.56 billion. The Russian employer appealed the decision and demanded its cancellation.
Later, “Naftogaz” filed another lawsuit for almost $ 12 billion due to the probable loss of Ukraine in case of loss of transit. In Moscow, the necessities have been known as absurd.
Russian senator Alexei Pushkov in January explained why Kiev would no longer agree to the conditions of the Russian Federation underneath the transit agreement.
Nord Stream 2 is being built along the backside of the Baltic Sea from Russia to Germany in order to make certain steady gas substances to Europe. Poland, the Baltic countries and Ukraine are towards the project. Also, the United States, which does not disguise its wish to promote its liquefied natural gasoline to Europe, has over and overexpressed dissatisfaction with the project.