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Gazprom to end Ukrainian transit contract
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Report summary
Stockholm's Court of Arbitration has ruled that Gazprom must make a net payment of US$2.56 billion to Naftogaz Ukrainy. In response, Gazprom is seeking to terminate the 11-year transit and supply contract. However, Russian gas will continue to flow through Ukraine in order to meet contractual obligations with European customers. Alternative routes through TurkStream and Nord Stream 2 will not be available until 2020.
Table of contents
- Gazprom will continue to transit gas through Ukraine
- Gazprom’s response to the court ruling
Tables and charts
This report includes the following images and tables:
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Gazprom's Ukrainian Transit Costs 2018-2019
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