EU natural gas supplies safe for now: EU Vice-President after talks with Ukrainian and Russian partners


nsnbc : Following the contact by the Ukrainian authorities at the end of the week regarding the situation of the Ukrainian gas system and the gas imports from Russia, Vice-President Šefčovič has reached out to both the Ukrainian and Russian authorities.

No final curtain for Russian gas to Europe, not yet.

No final curtain for Russian gas to Europe, not yet.

Over the past days, EU Vice-President Šefčovič spoke to Ukraine’s Prime Minister Groysman, to Naftogaz CEO Kobolev and to Russia’s Energy Minister Novak. The conversations focused on Ukraine’s concern regarding pressure levels in gas supply from Russia, on gas for the transit to the European Union as well as on the recent decision of the Stockholm Arbitration Tribunal.

 Regarding the situation in Ukraine, Šefčovič has been informed by Ukrainian Naftogaz that today the situation is under control and managed well, following the adoption, by the Ukrainian authorities, of special measures and Naftogaz contracting additional volumes of gas from Poland, hence ensuring stable gas supply for domestic purposes.

The European Commission has involved the European Network for Transmission System Operators for Gas (ENTSOG) in monitoring and helping resolve the situation.

For his part, the Russian Minister of Energy Mr Novak, reportedly gave reassurances that the transit of gas to the EU Member States is not endangered and remains reliable. Regarding the Stockholm Arbitration decision Vice-President Šefčovič has been informed that Russian Gazprom remains set to terminate its contracts with Naftogaz. Last week Ukrainian President Petro Poroshenko said he has ordered to seek the arrest of Gazprom’s assets if the Russian energy company fails to comply with the ruling of the Arbitration Institute of the Stockholm Chamber of Commerce. However, Šefčovič assured that this procedure may, however, take some time and will not have immediate consequences on the gas flows.

In this context, Vice-President Šefčovič encouraged both sides to engage in seeking a satisfactory solution to this issue: “The European Commission stands ready to engage and mediate in a trilateral process, which in the past proved to be effective in bridging differences between the parties. Due to the complexity and sensitivity of the issue, we will further explore the possibility of such process bilaterally. Both Ukraine and Russia have confirmed their readiness to stay in close contact with the European Commission. I will follow the situation closely in order to ensure that the transit of Russian gas through Ukraine to the EU – as it remains our priority – is safeguarded at all times.”

CH/L -nsnbc 05.03.2018



Source Article from https://nsnbc.me/2018/03/05/87953/

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