Ukraine to insist on revision of transit contract with Gazprom

Ukraine deems a revision of transit contracts with Russian gas giant Gazprom necessary because they fail to meet European legislation and Energy Community requirements, Ukrainian Energy and Coal Industry Minister Yuriy Prodan said.

Ukraine deems a revision of transit contracts with Russian gas giant Gazprom necessary because they fail to meet European legislation and Energy Community requirements, Ukrainian Energy and Coal Industry Minister Yuriy Prodan said.

"The present-day transit contract does not meet European laws," Prodan told reporters in Brussels on Friday.

There are plans to set up an ad hoc expert group at the trilateral negotiations between Ukraine, Russia and the European Commission on the resumption of gas supply, he said. "A relevant expert group is being established by representatives of the European Commission, Gazprom and Naftogaz, and this group will draw conclusions about the transit contract and the matters related to Gazprom contracts with European gas transport operators," Prodan emphasized.

He said tentative assessments of the Gazprom contracts had already been done in the launch of reverse gas deliveries from Slovakia and the assessments showed that the contracts failed to meet European legislation.

The minister noted it was hardly possible to revise the transit contract until the resumption of gas deliveries and added that the Ukrainian side wished to at least coordinate the issue right now. "We would like the parties involved, certainly, first of all Gazprom, to agree on that," Prodan stated.

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