FOLLOW US ON SOCIAL

Posted On

26
November
2022

Ukraine has not been importing gas from Russia for seven years

KYIV. Nov 26 (Interfax-Ukraine) – Ukraine has not been importing natural gas under a contract with PJSC Gazprom (Russia) for seven years already – since November 26, 2015, purchasing the resource exclusively on the western border of the country.

The reason for Ukraine’s refusal to buy gas on its eastern border at the end of 2015 was the inconsistency in price.

At the same time, after the revision of the formula in the contract between Naftogaz and Gazprom by the Stockholm Arbitration, Ukraine was ready to resume direct imports in the spring of 2018, but the Russian monopolist returned the advance payment to Naftogaz.