Naftogaz is Gazprom’s Ukrainian door to Europe. Ukraine isn’t currently importing Russian gas for its own market’s consumption. But it is receiving payment for shipping Gazprom’s gas through pipelines that cut across the full length of the Ukrainian landscape. The money received from Russia to pay for that transit is equal to about 10% of the Ukrainian budget, according to government estimates. If it vanished, it would be a big problem for the Ukrainian economy.
Source date (UTC): 2017-02-10 21:57:00 UTC
Leave a Reply