Gazprom to end Ukrainian transit contract

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06 March 2018

Gazprom to end Ukrainian transit contract

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 1 images and tables including:

  • Gazprom's Ukrainian Transit Costs 2018-2019

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    Gazprom to end Ukrainian transit contract

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