{"id":447820,"date":"2019-12-23T11:23:08","date_gmt":"2019-12-23T11:23:08","guid":{"rendered":"http:\/\/www.moldova.org\/en\/?p=447820"},"modified":"2019-12-23T11:44:51","modified_gmt":"2019-12-23T11:44:51","slug":"the-republic-of-moldova-will-continue-to-be-supplied-with-natural-gas-through-ukraine","status":"publish","type":"post","link":"https:\/\/www.moldova.org\/en\/the-republic-of-moldova-will-continue-to-be-supplied-with-natural-gas-through-ukraine\/","title":{"rendered":"The Republic of Moldova will continue to be supplied with natural gas through Ukraine"},"content":{"rendered":"Reading Time: <\/span> 2<\/span> minutes<\/span><\/span>

Moldova will continue to receive natural gas through Ukraine, after the Ukraine and Russia have reached a consensus, signing a new transit agreement on December 19th. As a consequence, the natural gas will reach Moldova through the usual pipelines.<\/p>\n

After long hours of negotiations between the Russian, Ukrainian sides and the European Commission, the new terms of the gas transit agreement starting from January 1st were established:\u00a0Russia is expected to supply natural gas to Europe through Ukraine for a period of at least five years, while the Russian corporate group Gazprom will pay the Ukrainian company Naftogaz $2.9 billion<\/strong> to end legal disputes between the two countries<\/em><\/span>, Reuters\u00a0reported<\/a>.<\/p>\n

According to the new agreement, Gazprom, which supplies more than a third of Europe’s natural gas, will ensure the transit of 225 billion<\/strong> cubic meters of natural gas via Ukraine over a five-year period, out of which an amount of 65 billion cubic meters will be delivered in 2020 and 160 billion cubic meters between 2021 and 2024.<\/p>\n

In response to the consent of Gazprom to pay Naftogaz after loosing the lawsuit brought<\/a>\u00a0to the Arbitration Institute of the Stockholm Chamber of Commerce, Ukraine will sign a legal agreement and waive all requests by December 29th, so that both parties can resolve all issues before the current agreement expires.<\/p>\n

After the European Commission Vice-President, Maro\u0161 \u0160ef\u010dovi\u010d, Russian Energy Minister, Alexander Novak and Ukrainian Minister of Energy and Environmental Protection, Oleksiy Orzhel announced the reached agreement, Gazprom said that Moscow and Kiev would meet in Minsk to continue talks, according to Reuters.<\/p>\n

Also last week, the new operator of the Ukrainian gas network – GTSO<\/strong> and the Romanian company Transgaz<\/strong> signed an agreement that will allow the supply of natural gas from Romania to Ukraine and the Republic of Moldova through the Isaccea-Orlovka<\/strong> interconnection point, starting from January 1st, 2020.<\/p>\n

It is not though clear yet whether the prices for supplied natural gas will increase or not. While the Ukrainian Energy Minister declared that the tariff for Russian natural gas transportation via Ukraine will increase compared to the current contract, which will expire at the end of the month (but did not specify what the increase will be), the Moldovan president promised that the tariffs will be even lower.<\/span><\/p>\n

“The gas will continue to flow through the pipelines of Ukraine. I remind you that starting from January 1st, the price will be lower, much lower compared to the price we paid during 2019,”<\/em> said Igor Dodon, the country’s president, at a press conference<\/a> today.<\/p>\n

The current contract by which Russia supplies natural gas to Ukraine and other European countries, including the Republic of Moldova, expires at the end of this year.<\/p>\n

Photo: Getty Images\/ S. Gallup<\/p>\n","protected":false},"excerpt":{"rendered":"

Reading Time: <\/span> 2<\/span> minutes<\/span><\/span>Moldova will continue to receive natural gas through Ukraine, after the Ukraine and Russia have reached a consensus, signing a new transit agreement on December 19th. As a consequence, the natural gas will reach Moldova through the usual pipelines. After long hours of negotiations between the Russian, Ukrainian sides and the European Commission, the new […]<\/p>\n","protected":false},"author":31,"featured_media":447821,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,3,40,4],"tags":[515,514,35,27,491,32,513,88],"class_list":["post-447820","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-politics","category-security","category-society","tag-agreement","tag-european-commission","tag-important","tag-moldova","tag-natural-gas","tag-russia","tag-supply","tag-ukraine"],"content_social_share":"Reading Time: <\/span> 2<\/span> minutes<\/span><\/span>

Moldova will continue to receive natural gas through Ukraine, after the Ukraine and Russia have reached a consensus, signing a new transit agreement on December 19th. As a consequence, the natural gas will reach Moldova through the usual pipelines.<\/p>\n

After long hours of negotiations between the Russian, Ukrainian sides and the European Commission, the new terms of the gas transit agreement starting from January 1st were established:\u00a0Russia is expected to supply natural gas to Europe through Ukraine for a period of at least five years, while the Russian corporate group Gazprom will pay the Ukrainian company Naftogaz $2.9 billion<\/strong> to end legal disputes between the two countries<\/em><\/span>, Reuters\u00a0reported<\/a>.<\/p>\n

According to the new agreement, Gazprom, which supplies more than a third of Europe’s natural gas, will ensure the transit of 225 billion<\/strong> cubic meters of natural gas via Ukraine over a five-year period, out of which an amount of 65 billion cubic meters will be delivered in 2020 and 160 billion cubic meters between 2021 and 2024.<\/p>\n

In response to the consent of Gazprom to pay Naftogaz after loosing the lawsuit brought<\/a>\u00a0to the Arbitration Institute of the Stockholm Chamber of Commerce, Ukraine will sign a legal agreement and waive all requests by December 29th, so that both parties can resolve all issues before the current agreement expires.<\/p>\n

After the European Commission Vice-President, Maro\u0161 \u0160ef\u010dovi\u010d, Russian Energy Minister, Alexander Novak and Ukrainian Minister of Energy and Environmental Protection, Oleksiy Orzhel announced the reached agreement, Gazprom said that Moscow and Kiev would meet in Minsk to continue talks, according to Reuters.<\/p>\n

Also last week, the new operator of the Ukrainian gas network – GTSO<\/strong> and the Romanian company Transgaz<\/strong> signed an agreement that will allow the supply of natural gas from Romania to Ukraine and the Republic of Moldova through the Isaccea-Orlovka<\/strong> interconnection point, starting from January 1st, 2020.<\/p>\n

It is not though clear yet whether the prices for supplied natural gas will increase or not. While the Ukrainian Energy Minister declared that the tariff for Russian natural gas transportation via Ukraine will increase compared to the current contract, which will expire at the end of the month (but did not specify what the increase will be), the Moldovan president promised that the tariffs will be even lower.<\/span><\/p>\n

“The gas will continue to flow through the pipelines of Ukraine. I remind you that starting from January 1st, the price will be lower, much lower compared to the price we paid during 2019,”<\/em> said Igor Dodon, the country’s president, at a press conference<\/a> today.<\/p>\n

The current contract by which Russia supplies natural gas to Ukraine and other European countries, including the Republic of Moldova, expires at the end of this year.<\/p>\n

Photo: Getty Images\/ S. Gallup<\/p>\n

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