Gazprom offers Kyiv contract extension for waiver

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On November 18, Gazprom proposed Naftogaz Ukrayiny to extend the existing contract or conclude a new agreement on gas transit through Ukraine. The official proposal to the Ukrainian side was submitted with the signature of the head of Gazprom, Alexei Miller.

“Gazprom’s proposal states that the necessary conditions for prolongation of the existing contract or conclusion of a new contract are the waiver of all mutual claims in international arbitration and termination of all court proceedings,” the press service of the company said in a statement.

The case in point is the annulment of the Ukraine Antimonopoly Committee decision to impose a fine on Gazprom for alleged “violation of economic competition” and the withdrawal of Naftogaz Ukrayiny’s request to initiate an investigation against the Russian company by the European Commission.

Also, Gazprom is waiting for the Ukraine’s position on its readiness to purchase Russian gas directly from 2020.

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