December 6, 2019, 14:05

Gazprom Officially Proposes to Naftogaz to Extend Gas Transit Contract

Gazprom Officially Proposes to Naftogaz to Extend Gas Transit Contract

MOSCOW (Sputnik) – Russia’s Gazprom has officially proposed to Ukraine’s Naftogaz to extend the existing contract for the Russian gas transit through Ukraine, which expires in the end of the year, or to sign a new deal for one year taking into consideration the forecast for the European Union’s gas demand.

Both the extension of the active contract and the signing of a new one are only possible if both sides withdraw all claims filed with the international arbitrage and cease all court proceedings, if the Anti-Monopoly Committee of Ukraine abolishes its decision on slapping Gazprom with a fine over alleged economical competition breach, and if Naftogaz calls off its request for the European Commission to launch a probe against Gazprom, the Russian gas giant added.

Gazprom also said it awaited Kiev’s position on its readiness to buy Russian gas directly starting in 2020.

 

 

Source: sputniknews.com

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