Ukraine must prove the economic viability of Russian gas transit through its territory, commented the head of Gazprom Alexey Miller, during a meeting with Prime Minister Dmitry Medvedev.
A general view shows the headquarters of Russian gas giant Gazprom in Moscow, Russia June 30, 2016. They had discussed the situation around the contracts between Gazprom and Naftogaz.
Naftohaz commercial director Yuri Vitrenko said representatives of both companies are hoping to meet and hold talks before the end of March to discuss an end-of-February worldwide arbitration ruling under which Gazprom was ordered to pay about $2.6 billion to Naftohaz to compensate for lower than contracted annual gas transit volumes.
A sudden refusal from Gazprom to resume gas deliveries to Ukraine under the current agreement has given a fresh boost to the ongoing argument among European countries on the Gazprom-led Nord Stream 2 gas export pipeline project across the Baltic to Germany.
"In such conditions, these contracts become economically inefficient for us, " said Miller. Parts of Europe were left without heat during one of the coldest winters on record after Ukraine began to siphon off gas sent to the European market.