2019-11-08 11:25:00
GAZPROM, UKRAINE STRATEGIC ISSUES
GAZPROM - November 6, 2019 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Georg Graf Waldersee, Commissioner of the Federal Government of the Federal Republic of Germany for Gas Transit across Ukraine, took place today in St. Petersburg.
The meeting participants discussed issues related to the interaction between Gazprom and Ukraine in the gas sector from 2020 onward.
Alexey Miller pointed out that a number of strategic issues need to be resolved prior to the signing of a new transit contract. The first issue concerns the settling of court disputes between the Company and its Ukrainian counterpart. This would mean a mutual waiver of claims and termination of the court proceedings between Gazprom and Naftogaz of Ukraine regarding the contracts for Russian gas supplies and transit, as well as restoration of balance between the commercial interests of the parties. In addition, the decision made by the Antimonopoly Committee of Ukraine to fine Gazprom for allegedly abusing its monopolistic position in Ukraine's gas transit market would be reversed and the Company's violated property rights in the country would be restored.
The second crucial issue is Ukraine's readiness for direct purchases of Russian gas starting from 2020 and the expected amounts thereof. The decision on the part of Ukraine will directly affect the throughput of the Russian gas transmission system that Gazprom will have to maintain on the Ukrainian border.
It should also be noted that, in order to integrate the EU's Third Energy Package into the national legislation, the Ukrainian authorities need to, inter alia, ensure the genuine independence of the national energy regulator and create an independent certified gas transmission operator. If these efforts are not completed by January 1, 2020, Gazprom will be willing to extend the effective transit contract for the transitional period taking into account the current market conditions.
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Earlier:
2019, November, 6, 12:50:00
UKRAINE NEED RUSSIA'S $12 BLN
Gazprom has offered to Naftogaz the chance to start over with a clean slate provided all legal disputes were dropped.
"There are known cases in international practice when disputes between companies were settled out of court, and we are offering a zero option whereby all court proceedings would cease, all lawsuits would be withdrawn, and we would draw a line under this whole affair," Miller said last month.
2019, October, 30, 10:15:00
ТРАНЗИТ РУССКОГО ГАЗА
“Мы констатировали, что все процессы запущены и идут по плану, но есть риски не успеть к началу 2020 года. Поэтому в качестве запасного варианта мы готовы обеспечить продление действующего договора по транзиту на 2020 год с изменением некоторых его условий”, - отметил Александр Новак.
2019, October, 30, 10:10:00
РУССКИЙ ГАЗ ДЛЯ ЕВРОПЫ
“Мы подчеркнули, что Россия готова работать по европейскому законодательству, если необходимо, готова работать и на базе существующего договора с корректировками”, - сказал Александр Новак.
2019, October, 30, 10:05:00
EUROPE NEED RUSSIA'S GAS
The current 10-year agreement between Gazprom and Naftogaz Ukrayiny expires at the end of 2019, and the EC is brokering talks aimed at putting a new contract in place to take effect from the start of 2020.
2019, October, 23, 12:30:00
RUSSIA, UKRAINE GAS DISPUTES
The current 10-year agreement between Gazprom and Naftogaz expires at the end of 2019, and the European Commission is brokering talks aimed at putting in place a new contract to take effect from the start of 2020.
