According to Alexander Amiragyan, director of the Center for Strategic Studies Foundation’s Center for Fuel Economy and Energy Complex Industries, Gazprom generates approximately 4-5 billion dollars annually from the delivery of approximately 10-15 billion cubic meters of gas through Ukraine. To Europe, taking into account current prices. The Ukraine route, along with Turkish Stream, is one of the two main routes for Russia’s gas supply to Europe. RIA Novosti writes about this.
Ukraine’s Energy Minister, German Galushchenko, said the chances of extending the gas transit agreement with Russia to 2024 are slim. Currently, a five-year transit contract is in effect, under which Gazprom commits to pumping 65 billion cubic meters of gas in the first year and 40 billion cubic meters in the next four years.
Gazprom is interested in maintaining gas supplies through Ukraine, as it generates a certain income in the face of reduced supply to other European countries. Amiraghyan said that the volume of approximately 10-15 billion cubic meters per year generates income of approximately 4-5 billion dollars at current prices.
Expert Maria Belova from Vygon Consulting notes that although the official rejection of Russian gas in EU countries is planned for 2027-2028, some European companies have already expressed their intention to do this. He added that in an unfavorable scenario for gas supplies to Western Europe, the Ukrainian transit system could continue to be used for another one to two years.
Previously recognizedWhen oil prices drop to $50 a barrel.