Monday, April 13, 2015

Russia has no plans to renew contract for gas transit via Ukraine after 2019 (Alexander Novak, Russian EM)

Russia does not plan to renew the contract for the natural gas transit via Ukraine after 2019, Russia’s Minister of Energy Novak said on Monday.

"Alexey Miller [CEO of Gazprom - TASS] has said the transit contract with Ukraine will not be renewed after 2019. All the efforts are currently focused on implementing construction of the infrastructure for the natural gas transport to Turkey," the minister said.
Gazprom ready to construct Turkish Stream

Gazprom CEO Alexey Miller on monday said the company is ready to construct Turkish Stream.

"We’ll launch the [Turkish Stream] construction once we receive all permissions," Miller said.

"We have no need to discuss the Turkish Stream [which will travel] across the Black Sea, with our European partners. We will construct it and will be waiting. 

The European Union bears responsibility for temporary risks," he said, adding that "we will be waiting the right amount of time."......

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