Support The Moscow Times!

Gazprom Says Gas Will Flow

Gazprom said Friday that there was no risk of a repeat of a gas dispute with neighboring Ukraine during the winter of 2011-12, easing concerns over supply disruptions to Europe.

"Luckily we now have very good contracts with Ukraine, concluded in the international jurisdiction. This applies both to supply contracts until 2019 and to the transit contract. All the liabilities are detailed there," Gazprom deputy chairman Alexander Medvedev told the Vesti-24 television station.

Ukrainian officials have previously said they expect to conclude gas talks, aimed at significantly reducing the price from the current level of about $400 per 1,000 cubic meters, by mid-November.

(Reuters)

Read more

Independent journalism isn’t dead. You can help keep it alive.

The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. Our exclusives and on-the-ground reporting are being read and shared by many high-profile journalists.

We wouldn’t be able to produce this crucial journalism without the support of our loyal readers. Please consider making a donation to The Moscow Times to help us continue covering this historic time in the world’s largest country.