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Policy & Regulation

Latest twist offers hope in Russia-Ukraine talks

Recent signals from Kiev offer a glimmer of hope that Russia and Ukraine might find a compromise for gas transits through the Ukrainian route this winter Recent signals from Kiev offer a glimmer of hope that Russia and Ukraine might find a compromise for gas transits through the Ukrainian route this winter.
By Andreas Walstad 28 November 2019 Europe & Russia / Pipelines, Storage & Power 0 34833
Sudzha gas metering station at the Russian-Ukrainian border. (Gazprom)

The key issue: Naftogaz Ukrainy announced this week that it might be willing to accept gas instead of cash to settle the $2.56 billion a Stockholm tribunal awarded it from Gazprom last year.

Interfax analysis: The clock is ticking for Gazprom and Naftogaz Ukrainy to agree on a new gas transit contract for the 140 billion cubic metre per year Ukrainian route, as the current contract expires on 31 December.

Negotiations have yielded little progress so far, but an announcement by Kiev this week that...