Ukrainian opposition politician exposes plans to buy Kiev with Russian gas – Business & Economy

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KIEV, August 25. / TASS /. Ukraine still remains a consumer of Russian natural gas and receives up to 15 billion cubic meters of fuel per year, while talks about the reverse and physical purchases in Ukraine are unrelated to reality, Viktor Medvedchuk , the head of the opposition platform for life party, said Wednesday in an interview with the first independent Ukrainian TV channel.

“I would like to shine the spotlight on a very serious challenge: Ukraine is currently receiving gas from Russia. Not directly, but direct supplies. What’s going on ? gases are produced with European countries consuming Russian gas. That is to say, he does not go to Europe, he stays in Ukraine. So we actually get 10 to 14 billion cubic meters of gas per year. Indeed, precisely this gas! Now imagine, what if gas does not arrive in Europe through this pipeline? Suggested the politician.

The citizens can ask this question to the authorities in place but there will be no answer, affirmed Medvedchuk.

“Moreover, any response from them will be seen as a pure fabrication of the actual developments and assessments of the facts that Ukraine might face,” he said. If Ukraine does not reject direct gas supply from Russia, it will ultimately be much cheaper for end consumers, he added.

The contract for gas transit through Ukraine can be renewed, but only if it is economically advantageous for Europe and Russia, Medvedchuk said. “I say this can only happen on a competitive basis. Gas will only circulate in transit to Europe over a route 2,000 km longer than Nord Stream 1 and Nord Stream 2 if this is economically feasible. For who ? First, for consumers of this gas, to be precise, for consumers in EU countries. Second, if it benefits the gas supplier, Russia, on the basis of the transit fee. Third, if the outcome of the advantages of the first and the second would ultimately benefit Ukraine, “he noted. The creation of a trilateral gas consortium may be a way out of this situation, the politician added.

Since November 2015, Kiev no longer purchases Russian gas directly and replaces it with what is called virtual reverse flows from Europe. The gas does not physically cross the western border of Ukraine but is officialized as imported from Europe.

In December 2019, Moscow and Kiev negotiated the transit of Russian gas through Ukraine from 2020 to 2024 with the option of renewing the agreement for a new decade.

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