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    RT: Gas transit to Europe under threat – Ukrainian Energy Minister

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Summary

Gas price increases by Russia’s Gazprom are threatening Ukraine’s ability to maintain natural gas transit to Europe.

by: Sruthi

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Press Notes

RT: Gas transit to Europe under threat – Ukrainian Energy Minister

Gas price increases by Russia’s Gazprom are threatening Ukraine’s ability to maintain natural gas transit to Europe, the Ukrainian Energy Minister Yury Prodan warned Tuesday.

“In this situation there is a threat of cutting gas supplies to Ukraine and a corresponding threat to gas transit to Europe, because of Ukraine’s ability to maintain transit is not without limits,” Prodan said, as quoted by RIA Novosti.
Russia provides about a sixth of Europe's energy needs, and Gazprom, Russia’s largest producer of natural gas, ships nearly a third of the deliveries through Ukraine.

On Tuesday, a Gazprom spokesman said that gas exports to Europe via Ukraine remained stable despite the gas dispute, and in the past, CEO Aleksey Miller said he hopes to avoid a gas crisis with neighboring Ukraine and is committed to reliable deliveries to European clients.

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