UKRAINE DETERMINED THE REPLACEMENT OF RUSSIAN GAS: SIGNED AGREEMENT WITH A POLISH COMPANY

NJSC Naftogaz of Ukraine decided to urgently buy gas from the Polish company PGNiG after the Russian Gazprom’s refusal to deliver gas to Ukraine. It is reported by Upmp.news with reference to prm.ua.

“Naftogaz and the Polish oil and gas company signed a contract for a timely delivery of gas after Gazprom refused to deliver gas to Ukraine. Gazprom’s decision came the day after the announcement of the decision of the Stockholm Tribunal,” the report said.

It is noted that the contract with PGNiG will be in place by the end of March 2018, its volume is more than 60 million cubic meters. The deliveries began on Friday, March 2, at 6:00 am through the Germanovichi node, which connects Polish and Ukrainian gas transportation systems.

“Energy solidarity and cooperation with neighboring countries is our responsibility. Especially now, when Ukraine does not receive supplies from Russia, and is in demand for natural gas for heating increases due to severe winter. We are ready to increase volumes of deliveries or extend the term of the contract with Naftogaz depending on the needs of the Ukrainian market”, – commented on the situation by the chairman of the board PGNiG Petr Vozniak.

Recall that on February 28, the Stockholm Arbitration approved the demands of NJSC Naftogaz Ukrainy in respect of compensation for Gazprom’s short-term transit volumes.

Russian energy company Gazprom said it did not agree with the decision of the Stockholm arbitration to pay NJSC Naftogaz of Ukraine a compensation of $ 4.63 billion for a short supply of gas.

At the same time, Gazprom refused to supply gas to Ukraine and reduced pressure on the GTS by 10%.

In this regard, NJSC “Naftogaz of Ukraine” appealed to Ukrainians to lower the temperature in the premises by 1-2 degrees to save gas consumption.

In addition, throughout Ukraine, kindergartens, schools and higher educational institutions were recommended to suspend work to save gas consumption.

Naftogaz is suing Gazprom at the Stockholm Arbitration under two contracts: on the purchase of Russian gas by Ukraine and on the transit of Russian gas to the EU through the Ukrainian gas transit system.

On May 31, Naftogaz received a decision by the Stockholm Arbitration in the proceedings against Gazprom regarding a contract for the supply of gas. In particular, the arbitration completely rejected the demands of Gazprom regarding the principle of “take or pay.”