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Russia to select most profitable route for gas transit to Europe after 2020

Staff Writer |
The route for gas transit supplies to Europe that Russia will select after 2020 will be most profitable for both Moscow and its customers, the Kremlin spokesman Dmitry Peskov said.

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"(After 2020, gas) will be supplied via the route that is most profitable both for the seller, meaning Russia, and its customers - western European countries," he said.

When asked whether Russia plans to maintain supplies to Europe via Ukraine, Peskov said that this is a matter of economic viability.

"This is a matter of not political, but economic viability, and of predictable, stable and safe supplies," he said.

Earlier the European Commission’s Vice-President for Energy Union Maros Sefcovic said that a top priority issue for Europe is to maintain transit of natural gas to the European Union via Ukraine after 2020.

He also stressed the necessity to boost joint efforts to raise the energy efficiency of the economy and increase the production of energy resources. â– 

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