MOSCOW—Russian Prime Minister Dmitry Medvedev said that Moscow was ready to keep gas transit through Ukraine after 2019, despite the construction of Nord Stream 2 pipeline, which is to be built in the Baltic Sea.
Medvedev, who is on a trip to Europe, said in an interview with Luxemburger Wort newspaper, published late on March 4, that Russia can use Ukraine for gas transit in the future “under certain conditions.”
“I underline this particularly: we don’t reject transit through existing pipelines... We are ready to maintain gas transit through Ukrainian pipelines after 2019,” he was quoted as saying.
“Of course, under certain conditions ... They are a settlement between interested companies, favorable economic and commercial parameters of the deal as well as a stable political situation,” Medvedev said.
Russia’s planned doubling of capacity on the Nord Stream pipeline across the Baltic Sea to Germany could help Moscow bypass exports via Ukraine. That would deny Kiev transit fees.
Russia is involved in a conflict with Kiev over the annexation of Crimea and breakaway regions in Ukraine’s east.
Recommended Reading
E&P Highlights: Jan. 27, 2025
2025-01-27 - Here’s a roundup of the latest E&P headlines including new drilling in the eastern Mediterranean and new contracts in Australia.
E&P Highlights: Feb. 24, 2025
2025-02-24 - Here’s a roundup of the latest E&P headlines, from a sale of assets in the Gulf of Mexico to new production in the Bohai Sea.
Petrobras Awards SLB Another Contract Offshore Brazil
2024-12-12 - Petrobras has awarded JV SLB OneSubsea a contract for raw water injection systems a day after Petrobras selected SLB to handle integrated services at its offshore fields.
E&P Highlights: Dec. 9, 2024
2024-12-09 - Here’s a roundup of the latest E&P headlines, including a major gas discovery in Colombia and the creation of a new independent E&P.
E&P Highlights: Dec. 16, 2024
2024-12-16 - Here’s a roundup of the latest E&P headlines, including a pair of contracts awarded offshore Brazil, development progress in the Tishomingo Field in Oklahoma and a partnership that will deploy advanced electric simul-frac fleets across the Permian Basin.