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Ukraine will continue gas transit to Europe as long as it is technically possible — CEO of Naftogaz Ukraine

March 23, 2022

Ukraine will continue gas transit to Europe as long as it is technically possible — CEO of Naftogaz Ukraine

Ukraine will continue to transit Russian natural gas to Europe as long as it is technically possible but suggests freezing funds from its sale on escrow accounts until the withdrawal of Russian troops from Ukraine, said CEO of Naftogaz Ukraine Yuriy Vitrenko. Russian troops in Ukraine are very cautious about the transit gas infrastructure, although they do not spare the distribution infrastructure.

“Therefore, it is obvious to us that they do not want to damage their own commercial interests and their commercial relations,” Vitrenko stated. According to him, there were attempts by Russia to interfere in the operation of three compressor stations in eastern Ukraine, but after warning about the risks of such actions for transit, “Russian troops began to behave differently.” “But they are still nearby, so the situation is far from normal,” the official said.

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