Contents tagged with Naftogarz

  • Ukrainian President suggests using $2.9 billion from Gazprom on roads and medicine

    Ukrainian President Volodymyr Zelensky has suggested that the $2.9 billion which Naftogaz received from Gazprom as the result of an arbitration dispute be used for infrastructural and medical projects, the president’s press service reported.

    “We are further planning to direct funds towards the construction of roads – that’s our infrastructural priority, towards other infrastructural projects, towards the medical field and towards energy efficiency. One of the plans is to build more than 200 …

  • Kyiv: Extending old Russian gas transit contract would be pointless

    It would make no sense for Kyiv to extend the current gas transit contract with Moscow beyond January 1, 2020, said Naftogaz CEO Andriy Kobolyev while speaking at the Ukrainian Gas Forum, UNIAN reports.

    “It’s hard for me to imagine why the new gas transport system operator, why the Ukrainian party would be interested in extending the old contract,” he said.

    In Kobolyev’s opinion, there should be a new contract exclusively with the new operator and based solely on European regulations.

    In …

  • Ukraine may resume direct purchases of Russian gas

    Ukrainian Minister of Energy and Environmental Protection Oleksiy Orzhel said during a press briefing that the Ministry does not exclude the option of buying gas directly from Russia.

    "The Russian side raised the issue of direct supplies, and we agreed that further discussion of this issue in the framework of consultations should be based on market conditions. That means that the price should be based according to the market, and the conditions and trends that are in the European market," he …

  • Ukraine presents new gas transit contract to Russia and EU

    At the recent trilateral negotiations, Ukraine presented a draft of the new gas transit contract to the EU and Russia, said Ukrainian Energy Minister Oleksiy Orzhel, as cited by Ukrainski Novyny news agency.

    “Ukraine presented draft contracts to the parties. It’s a roadmap of how, by January 1 next year, we will obtain an independent certified operator, a draft interconnector contract, and a draft transit contract,” Orzhel told the press after the meeting.

    The minister emphasized that Ukraine …

  • Russia offers Ukraine to settle trade disputes and resume short-term gas supply

    At the trilateral consultations between Ukraine, Russia and the EU, Russia offered to resume the direct supply of Russian gas to Ukraine until Ukraine’s regulatory framework and legislation is ready. According to the TASS news agency, this was announced by Russian Energy Minister Alexander Novak.

    Novak said that Russia is willing to operate in line with the new European legislation and to reserve capacity for gas transit through Ukraine.

    “The discussion was very constructive, we heard that …

  • Kyiv suggests that Russia’s Gazprom use Ukrainian gas transit system instead of OPAL

    The CEO of the Ukrainian gas company Naftogaz, Andriy Kobolyev, stated on his Facebook page that gas supplies, which Gazprom used to provide through OPAL gas pipeline, could be conducted through the gas transportation systems (GTS) of Ukraine and Slovakia.

    "If Gazprom wants to continue delivering the same gas volumes to the same places as it used to do through the OPAL pipeline, but using a shorter route, the Ukrainian and Slovak gas transportation systems will easily cope with this. Ukrainian …

  • US to help Ukraine get over winter without Russian gas

    US Department of Energy will send experts to Ukraine to help Kyiv avoid possible disruptions of energy supplies from Russia, reports US Embassy in Ukraine on its Facebook page. American experts will help to create an action plan for the coming winter season. They will think of ways to respond to energy shortages.

    Negotiations between Russia, Ukraine and the European Union on extending the Russian gas transit through Ukraine will take place on September 19. Ukraine's current contract with …