Russia ready to extend gas contract with Ukraine

In addition, Russia is ready to continue supplying gas to Ukraine, the Russian Minister added. "Now, as is known, Ukraine has to buy gas, also from us, but more expensive than direct supply," said Mr. Alexander Novak.

Photo: Sputnik

At the same time, Mr. Novak confirmed that Gazprom could reduce prices for Ukrainian consumers by 25% compared to current prices.

Gazprom is also ready to participate in the management of the gas transportation system, if Ukraine makes such a proposal, the minister noted.

According to him, the conversation with Sefcovic was substantive in content. In particular, the parties agreed to discuss the date of the next trilateral meeting between Russia, Ukraine and the European Commission. The minister believes that the second half of September is the most successful time for this, pending parliamentary elections in Ukraine and the appointment of the government.

“In general, we confirmed to the European Commission, Mr. Sefcovic, that Russia has a constructive position, is ready to ensure and continue gas transit through Ukraine, to ensure supplies to European consumers,” the Russian Energy Minister stressed.

The current contract for the supply and transit of Russian gas through Ukraine expires at the end of this year. At the same time, since November 2015, Ukraine has refused to buy from Gazprom and has been buying fuel in Europe, primarily in Slovakia, Hungary and Poland. Although the Kiev authorities have repeatedly stated that they have managed to get rid of Russian gas, many officials and politicians have noted that such purchases are more expensive than buying directly from Russia.