Thursday, 8 March 2018

Gazprom relies on Ukraine for gas transit to EU until alternative route opens up in 2020

Ukraine's gas transmission system Ukraine's gas transmission system

Despite Gazprom’s latest threat to end gas supply contracts with Naftogaz Ukrainy, the Russian gas giant continues to rely on transiting gas through Ukraine to meet its contractual obligations to European customers. According to Wood Mackenzie data, the Ukrainian route in 2017 accounted for over 45%, or 93.5 bcm, of Gazprom’s exports to Europe and Turkey. Alternative routes will not be available until 2020.

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