Vitrenko: Booking of Ukraine’s GTS capacities by European companies ensures continuation of gas transit through our country

Ukraine has made significant efforts to implement European legislation and to complete unbundling

Ukraine has made significant efforts to implement European legislation and to complete unbundling. These efforts should now result in the moving of gas delivery points for customers to the eastern border of Ukraine and the booking of Ukraine’s gas transmission system (GTS) capacity by European, German, and Central Asia companies.

This opinion was voiced by Naftogaz of Ukraine NJSC CEO Yuriy Vitrenko during the “Ukraine-30” All-Ukrainian Forum on July 7 in Kyiv.

“Ukraine has spent a huge amount of money and time introducing European legislation and conducting unbundling. We want to see the results of these efforts. We want to see that European companies are receiving gas at the Ukraine-Russia border and then transiting this gas through Ukraine,” Vitrenko said.

The head of Naftogaz noted that continuation of gas transit is not only an economic issue for Ukraine but also a security issue. The best solution is to move Russian gas delivery points for European buyers to Ukraine's eastern border (with Russia), to unblock opportunities for gas transit from Central Asia through the Ukrainian corridor, and for gas export by private producers from Russia, he commented.

In addition, Vitrenko drew attention to the fact that European partners demonstrated a principled position during the unbundling of Ukraine’s GTS operator from Naftogaz. He now expects the German regulator to show the same principles on the issue of the Nord Stream-2 operator certification.

“European partners convinced us that the GTS operator should be completely unbundled so Naftogaz would not have any influence over it. There should be ownership unbundling to create an effectively independent operator. Therefore, we transferred OGTSU to Ministry of Finance management,” Vitrenko recalled.

According to the Naftogaz CEO, Gazprom, as the sole owner of Nord Stream 2 AG, is now submitting the pipeline for certification and at the same time promises to create conditions that will prevent continued influence on the company.

“If our European partners are 100% honest about their position on how to take into account the specific conditions for certification, I expect the German regulator not to certify Nord Stream 2 AG, indicating the necessity of full-scale unbundling,” Yuri Vitrenko added.

Integrated Communications Department
NJSC Naftogaz of Ukraine


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