Russia to stop gas delivery via Ukraine

10:33 • 14.04.15

Russia will stop delivering gas to Europe through Ukraine when the current contract expires in 2019 and redirect transit to the Turkish Stream pipeline, Russia Today reports, citing the Gazprom CEO.


The contract with Ukraine will not be renewed after 2019, Aleksey Miller the boss of Russia’s Gazprom said on Monday at a conference in Berlin, adding that the main reason behind South Stream’s suspension was to keep gas routed through Ukraine.


“It’s not true that the South Stream project has been scrapped because of Gazprom’s unwillingness to observe the rules of the third energy package and European laws. The only aim was to preserve the status quo in the transit via Ukraine. In reality, there was no other reason to block South Stream,” Miller said. He also noted that a single gas price for Gazprom’s European customers will lead to a higher price.


Gazprom could easily double the volume of gas delivered to Europe, but there was no indication European consumers required that capacity, thus those volumes can just go to other markets, such as the Asian market, Miller said.


“Our competitive advantage is that we can pause, if we are forced to. And we can keep it long enough,”Gazprom’s CEO said.

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