Russia continues to supply gas to Europe through the Ukrainian gas transportation system. “After five days of bilateral talks in Vienna adopted a final decision and achieved final agreements,” — quoted the press service of “Gazprom” the head of the Russian monopoly Alexey Miller.
signed the document:
PJSC “Gazprom”, “Naftogaz of Ukraine”, LTD “the Operator of the gas transportation system of Ukraine” (OHTS) and the Ministry of justice of Ukraine in accordance with the Protocol of 20 December signed a package of documents that allow you to continue the transit of gas through territory of Ukraine after December 31, 2019.
“Gazprom” and “Naftogaz” signed an agreement on gas transportation through the territory of Ukraine. Thus, “Naftogaz” is the company organising the transit and assumes the corresponding risks. “Naftogaz” and OHTSU concluded transport agreement, “Gazprom” and OHTSU — inter-operator agreement. The organizer needs to book capacities of Ukraine’s GTS in a total amount of 225 billion cubic meters of gas for a period of 5 years: in 2020 to 65 billion cubic meters in 2021-2024 years — 40 billion cubic meters.
“Gazprom” and “Naftogaz Ukraine” signed an irrevocable agreement on the settlement of disputes. The document provides for the revocation of arbitration and lawsuits against each other, which is not accepted solutions, and to abstain in future from all possible claims under contracts of 19 January 2009.
“Gazprom” and the Ministry of justice of Ukraine has signed an irrevocable settlement agreement providing for the termination of Ukraine’s current and possible future requirements to “Gazprom”, based on the decision of the Antimonopoly Committee of Ukraine.
the agreements are a big batch bargain, which restored the balance of interests of the parties, Miller said. According to him, Gazprom once again confirmed that it is the responsible supplier and reliable pthe artner.
At the conclusion of the negotiations and responded to the President of Ukraine Volodymyr Zelensky. On his page on Facebook he wrote that Ukraine, thanks to the agreements will receive more than $7 billion over five years. According to him, the parties may extend the contract for another ten years.
previous topic: Who benefits from the gas agreement of Russia and Ukraine
the Current eleven-year contract between Russia and Ukraine expires January 1, 2020 On the conditions of signing and the parameters of the new transit agreement, the parties agreed on December 20, after two days of talks. From the Russian side was attended Miller and energy Minister Alexander Novak, Ukrainian energy Minister Alexei Orgel, Executive Director of “Naftogaz of Ukraine” Yuriy Vitrenko and the head of the operator of the gas transportation system of the country Sergey Makogon.
the agreement was enshrined in the intergovernmental Protocol. In particular, “Gazprom” was to pay “Naftogaz” of $2.9 billion awarded by the decision of the Stockholm arbitration. “Gazprom” this condition was fulfilled on 27 December said the representative of the Russian company. To sign the agreement, the parties agreed before the end of 29 December, however, disrupted the deadline almost to the day.
Moscow and Kiev also agreed on the possibility of resuming direct supplies of Russian gas to Ukraine. In the Protocol it was stated that the price in this case will be calculated on the basis of spot prices in the German hub NCG.