NEWSLINK Interfax-Ukraine: Gazprom: gas transit through Ukraine to end after 2019, come what may

Gas Flame file photo

Gazprom has no plans to continue using Ukraine as a transit country for gas exports after 2019, Deputy CEO Alexander Medvedev told journalists.

“When the transit contract with Ukraine expires, there will be no prolongation, no conclusion of a new transit agreement under any circumstances. In light of the economic, commercial, technological, investment and political risks for gas transit, there will be no more transit through Ukraine, even if hell freezes over. The analysis has been done: in order for the Ukrainian system to be able to function even in its current regime, $12 billion must be invested to support transit,” he said.

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