Yuriy Vitrenko reminded that potentially customers of Ukraine\'s GTS service include companies from Central Asia countries, private companies producing gas in Russia, and European gas buyers
The diversification of transit services customers is a national priority for Ukraine, Naftogaz of Ukraine NJSC CEO Yuriy Vitrenko stated this week during an appearance on Ukraine-24 TV channel.
“We aim to create conditions where Gazprom is not the only customer of Ukraine’s GTS services. This will allow us to preserve transit revenues from 2025 (when the current transit deal with Gazprom concludes) as well as physical transit volumes. This will decrease the chances of full-scale war and preserve Ukraine's status as an important partner for Europe,” said the Naftogaz CEO.
Yuriy Vitrenko reminded that potentially customers of Ukraine's GTS service include companies from Central Asia countries, private companies producing gas in Russia, and European gas buyers.
“If 100, 50 or even 10 such customers receive notice from Putin to stop pumping, the German government will no longer be able to say that Nord Stream 2 is just an economic project. It will be obvious to all that this is a political decision. It would be a violation of European law on the protection of competition. The European regulator would then punish Gazprom, which in fact would be implicated in a cartel conspiracy," noted Vitrenko.
The Naftogaz CEO underlined that proposals to simply prolong the current transit deal with Gazprom as “compensation” for Nord Stream 2 are extremely dangerous for Ukraine.
“There is currently talk of simply prolonging the current contract. Even if Gazprom agrees, this would be dangerous. Where is the risk? If Gazprom completes Nord Stream 2 and doesn’t need Ukrainian transit any more, and if we have a contract in place with a “ship-or-pay” clause, this raises the question of whether Gazprom will go to arbitration, as we did on the previous gas purchase contract,” said Vitrenko.
The Naftogaz CEO called for caution over any “compromise” offers regarding Nord Stream 2. “Our enemies want to use the fact that there have not always been professionals on the Ukrainian side. They want to find people who are easier to cheat and corrupt. They want to create the impression that everything is fine, but we fear that any such compromises could serve as a new Budapest Memorandum that offers no real protections to Ukraine,” summarized Vitrenko.
Integrated Communications Department
NJSC Naftogaz of Ukraine
NJSC Naftogaz of Ukraine