Tuesday, 10 September 2024
Home Topics Fuel Liquefied Natural Gas Kremlin says Europe will pay more unless gas deal extended
Liquefied Natural GasNatural GasNewsPoliticsTrade

Kremlin says Europe will pay more unless gas deal extended

13
FILE PHOTO: A Gazprom worker walks next to pipelines at a gas measuring station at the Russian-Ukrainian border in Sudzha near Kursk, some 500 km (311 miles) south of Moscow, December 5, 2008.   REUTERS/Denis Sinyakov//File Photo
FILE PHOTO: A Gazprom worker walks next to pipelines at a gas measuring station at the Russian-Ukrainian border in Sudzha near Kursk, some 500 km (311 miles) south of Moscow, December 5, 2008. REUTERS/Denis Sinyakov//File Photo

MOSCOW – European consumers will face higher prices unless Kyiv agrees to extend a deal on Russian gas transit via Ukraine once it expires on Dec. 31, the Kremlin said on Wednesday.

Ukraine has repeatedly said it has no plans for a new gas transit deal with Russia amid the ongoing military conflict.

Kremlin spokesman Dmitry Peskov told reporters on a daily conference call that if Kyiv did not extend the deal, Russia could find alternative routes, such as the planned Turkish gas hub.

“There are (other) routes, but, of course, such decisions by the Ukrainian side will cause serious damage to the interests of European consumers, those who still want to buy more guaranteed, more affordable… Russian gas,” Peskov said.

He also said that Europe will have to pay more for gas from other sellers, including liquefied natural gas supplied by the United States.

Most recipients of Russian gas via Ukraine have said they have been preparing for flows to cease at the end of this year when the transit deal between Ukraine and Russia expires, given that Ukraine has said it does not want to renew it.

Another option is for Gazprom to supply some of the gas via another route, for example via TurkStream, Bulgaria, Serbia or Hungary. However, capacity via these routes is limited.

The EU and Ukraine have also asked Azerbaijan to facilitate discussions with Russia regarding the gas transit deal.

Related Articles

FILE - Sailboats and a passenger ferry dot Lake Champlain as seen from Battery Park, Aug. 14, 2015 in Burlington, Vt. (AP Photo/Wilson Ring, File)
BiodiversityEnvironmentRegulationsResiliency

EPA says Vermont fails to comply with Clean Water Act through inadequate regulation of some farms

The EPA urges Vermont to fix regulatory flaws in controlling farm runoff...

The Nova Scotia government has introduced a bill that would kick-start the province's offshore wind industry without federal approval. Turbines operate at the Block Island Wind Farm, Dec. 7, 2023, off the coast of Block Island, R.I. THE CANADIAN PRESS/AP-/Julia Nikhins
ElectricityLegislationPoliticsRegulationsWind

Nova Scotia bill would kick-start offshore wind industry without Ottawa approval

The Canadian province wants to offer project licences by 2030 to develop...

Login into your Account

Please login to like, dislike or bookmark this article.