RWE Commences Gas Deliveries to Ukraine

Germany’s RWE said it is the first European supplier to commence gas deliveries to Ukraine in 2014, after shipping about 1 bcm in 2013. 

‘These supplies are governed by the existing 5 year framework agreement between Naftogaz and RWE Supply & Trading signed in May 2012, which foresees deliveries of up to 10 billion cubic meter (bcm) of natural gas per year subject to individually agreed contracts,’ reads a note released on Tuesday.

According to the German company, deliveries to the Ukraine are based on European wholesale price levels including delivery costs to the Ukraine.

‘RWE believes that further significant volumes could be delivered to Ukraine if various transport restrictions at the Slovakian/Ukrainian border are politically and technically resolved within the next weeks or months,’ adds the communiqué.