Existing contracts on transit and deliveries of natural gas between Ukraine and Russia will expire at the end of 2019. It is assumed that from the beginning of 2020, supply of Russian raw materials to Europe to be now under construction gas pipeline "Northern stream — 2" bypassing Ukraine.
In the Ukrainian gas storage facilities pumped a record amount of fuel – such that, according to energy Minister Alexei Ariela, the country could pass the heating season even without transportation or supply of gas.
are currently In trilateral negotiations with participation of Russia, Ukraine and the European Union on the extension of the transit contract. The main auction is about billions of dollars in compensation, won by "Naftogaz" in the Stockholm arbitration, the rate for transit and payment possible short supply of gas.
Ukraine insists on more stringent conditions of the contract on gas transit for Russia. If Russia refuses to sign the contract with Ukraine, in this case, the supply of gas to the EU could be reduced: due to the unfinished branch of "Nord stream-2" Russia does not have enough pipeline capacity to carry out obligations before the European countries.
In this case, the rating of reliability of Gazprom as a supplier will be reduced, with the result that the EU will be forced to conclude contracts with other companies. In this case, in relations between Russia and the European Union can occur the crisis, and the European market will go the American suppliers of liquefied natural gas.
Earlier the President of Russia Vladimir Putin said that Moscow and Kiev it is necessary to nullify the claims of the gas disputes. The amount of compensation required by Ukraine is 12,248 billion.