The head of Naftogaz announced plans to stop gas transit from the Russian Federation after 2024

The head of Naftogaz announced plans to stop gas transit from the Russian Federation after 2024

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Ukraine does not plan to renew the agreement on the transit of Russian gas, which expires at the end of 2024, said the Chairman of the Board of Naftogaz of Ukraine Alexey Chernyshov.

“I want to emphasize once again that we will not initiate the continuation of this transit. The contract will end and transit will stop,” he said in an interview with Radio Liberty (recognized as a foreign agent in the Russian Federation).

Kyiv will not break the contract now, since European consumers need gas on the eve of winter. Chernyshov also noted that there have not yet been any signals from Europe about the need to extend transit after 2024.

The current contract for the transit of Russian gas through Ukraine was signed at the end of 2019. According to its terms, the volume of gas supplies over five years was to be 225 billion cubic meters. m. In 2020, Russia was supposed to pump 60 billion cubic meters through Ukraine. m, and then – 40 billion cubic meters. m per year.

In 2022, against the backdrop of the start of a special operation in Ukraine, the transit of Russian gas through the territory of this country decreased. In May, Ukraine stopped pumping gas through one of two gas measuring stations (GIS), since this route passed through the LPR. As a result, supplies decreased from 92-99 million cubic meters. m per day in early May to 41-43 million cubic meters. m.

On June 2, 2023, Russian Deputy Foreign Minister Mikhail Galuzin said that Kiev’s possible decision not to renew the gas transit agreement would “deal a blow” to the EU, and Ukraine would “shoot itself in the foot by losing dividends from transit.” The Minister of Energy of Ukraine German Galushchenko then said that the extension of transit is unlikely. According to him, Kyiv is “preparing systems for a reduction in supplies.” At the same time, Galushchenko admitted that European politicians may still want to reconsider the treaty, as happened in 2019, when the EU delegation acted as a mediator in trilateral negotiations with Russia and Ukraine.

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