Ukraine’s state-owned Naftogaz will receive around $3 billion for the transit of Russian gas to Europe this year – revenue it risks losing in future years unless it agrees a new transit contract with Gazprom for beyond 2019.
“Our revenues from transit this year will be close to $3 billion,” Naftogaz Chief Executive Andriy Kobolev told journalists in Brussels on Monday.
However, Kobolev said he was concerned that Gazprom’s proposed Nord Stream 2 and Turkish Stream pipelines will eliminate the need to send Russian gas to Europe...
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