Russia is ready to reserve gas transit capacity through Ukraine starting in 2020 if Kiev implements European standards in its legislation, Russian Energy Minister Alexander Novak said Thursday
BRUSSELS (Pakistan Point News / Sputnik - 19th September, 2019) Russia is ready to reserve gas transit capacity through Ukraine starting in 2020 if Kiev implements European standards in its legislation, Russian Energy Minister Alexander Novak said Thursday."We heard from our Ukrainian partners an interest in continuing work from January 1, 2020. The Ukrainian partners showed us a regulatory framework that will be implemented from January 1, 2020. It's about European legislation ... the unbundling of Naftogaz, the involvement of a separate gas transmission system operator ... We took note of this information," Novak told reporters after Russia-Ukraine-EU gas consultations.
"Our position is that if the European legislation is really implemented in Ukrainian legislation by January 1, 2020, we are ready to work in accordance with the European legislation. This means we are ready to reserve capacities from January 1, 2020," the minister explained.
