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| Russia will fully comply with its obligation on gas transit through Ukraine – Putin | Russia will fully comply with its obligation on gas transit through Ukraine – Putin |
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| Moscow will fully comply with its commitments on natural gas transit through Ukraine, Russia’s President Vladimir Putin has said, signaling that the transit might continue past 2024 deadline when the standing contract expires. | Moscow will fully comply with its commitments on natural gas transit through Ukraine, Russia’s President Vladimir Putin has said, signaling that the transit might continue past 2024 deadline when the standing contract expires. |
| Speaking at a news conference after Kremlin talks with German Chancellor Angela Merkel on Friday, Russia’s president confirmed the country’s commitment to the existing gas transit deal with Ukraine. | |
| “The issue was raised during the negotiations, I assured [Merkel] that we will fully comly with all our obligations, we are doing this now and will continue to do so,” Putin said. | |
| Merkel, who is set to depart from office this year, said she urged Russian president to extend the Ukraine transit deal past 2024 deadline, when it’s set to expire. | |
| Putin, in turn, said the issue of transit has “purely commercial nature” and the upcoming Nord Stream 2 pipeline beats the old Ukraininan trnsit system, being some 2,000 km shorter and compliant to moderrn ecological standards. Moreover, operating the new pipeline is expected to be “significantly cheaper” than transiting gas through Ukraine. | |
| “Still, we are ready to transit gas trough the Ukrainian territory aster 2024,” Putin said, adding the route would retain some value particularly for supplying southern Europe. | |
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