In the new year with the new contract: the details of an agreement on gas between Moscow and Kiev

In the new year with a new contract. Moscow and Kiev still have settled all issues related to the transit of Russian gas through Ukraine. “Gazprom” has signed with the Ukrainian colleagues a set of agreements and contracts.

These agreements, as stressed by the head of the holding Alexei Miller, are a really big batch deal that restored the balance of interests of the parties. Documents acquire legal force since the signing and ensure the supply of Russian raw materials after December 31, 2019.

the head of “Gazprom” stressed that the holding did our best and once again proved that is a responsible supplier and a reliable partner, the TV channel “Russia 24”.

“Gazprom” and “Naftogaz” have signed the agreement on the organisation of transportation of gas through territory of Ukraine. Thus “Naftogaz” is the company organising the transit and assumes the corresponding risks. It needs to reserve capacity of the gas transportation system of Ukraine in the total of 225 billion cubic meters of gas for five years. That is, next year it will be about 65 billion cubic meters, and in the next four years of 40 billion.

in addition, the parties entered into an irrevocable settlement agreement. It provides for the withdrawal of all the arbitration and lawsuits against each other, which is not made final decisions, and waiver of potential claims under contracts of 2009. Earlier “Gazprom” has paid “Naftogaz” 2 billion 900 million dollars in accordance with the decision of the Stockholm arbitration. That is why, analysts say, this time and was so meticulous approach to detail.

regardless of the degree of immersion in the conflict closure happy seem to all stakeholders. So, a welcome five-year contract he received from the Vice-President of the European Commission Maros Sefcovic. On his page in the social network Twitter, he pointed out that, due to the strengthening of energy security a significant benefit from the agreement receives all of Europe.