Thursday, December 11, 2014

Head of Gazprom: The Role of Ukraine as a Gas Transporter Will Go Down to Zero - Fort Russ

"Nord Stream" and a Turkey pipeline will make the transit of gas through Ukraine meaningless, announced the head of Gazprom Alexey Miller in an interview to the TV program "Vesti on Saturday with Sergey Brilev": "Yes, in fact, the role of Ukraine as a transit country is reduced to zero," - said Miller.

"The decision to stop the "South Stream" is a beginning of the end of our business model, when we focused on the delivery to a final consumer in the European market."

At the same time, he noted that Russia will supply Ukraine with all its gas needs for domestic consumption. "In fact, we will provide the amount that Ukraine needs for its domestic consumption. Deliveries to Europe will be made by alternative routes,"- said Miller.

At the same time, he stressed that the cancellation of "South Stream" is not associated with the requirements of the Eurocommission's third energy package. "The decision to shut down "South Stream" was adopted in the framework of the visit of our President to Turkey, but on this very day the pipelaying ship went out in the Black Sea in order to carry out work on laying the pipeline. But how can we proceed with this work, when Bulgaria did not even give permission to build in the territorial waters, in the special economic zone, and have not issued a construction permit to build on land... This issue has nothing to do with the third energy package," - explained Miller.

Complete story at - Head of Gazprom: The Role of Ukraine as a Gas Transporter Will Go Down to Zero - Fort Russ

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