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Policy & Regulation

Major issues still unresolved in Russia-Ukraine transit talks

Despite some progress this week, a lot of work remains to be done if Russia and Ukraine are to agree on a new transit deal before the end of December Despite some progress this week, a lot of work remains to be done if Russia and Ukraine are to agree on a new transit deal before the end of December.
By Andreas Walstad 20 September 2019 Europe & Russia / Policy & Regulation 0 34606
Maros Sefcovic, European Commission vice president for Energy Union. (EC)

Progress was made in Brussels on Thursday as Russia agreed that its new transit contract with Ukraine should be based on EU law. However, major sticking points such as tariffs, the contract’s duration, the volumes involved and the possibility of Ukraine purchasing gas directly from Russia have still not been resolved.

The negotiations have been overshadowed by the fact the Stockholm arbitration court last year ordered Gazprom to pay Naftogaz Ukrainy $2.56 billion in lost transit fees – a verdict Moscow has not...