POST Online Media Lite Edition


Ukraine signs contract for gas transit from Russia to Europe

Christian Fernsby |
Ukrainian President Volodymyr Zelensky said that a contract was signed for the transit of Russian gas to Europe from Russia through the territory of Ukraine for five years.

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"This is the end of the year, but not the end of our achievements.

Ukraine has signed a gas transit contract for five years, during which we will receive at least over $7 billion.

"The parties can extend the contract for another ten years," wrote Zelensky on his Facebook page.

"The Ukrainian gas transit system will be given a full load, which means energy security and welfare for Ukrainians! The minimum guaranteed volume of transited gas is 65 billion cubic meters for the first year and 40 billion cubic meters for the next four years.

"Actually, we can deliver a bigger volume.

"Europe knows that we will not let them down in energy security," said Zelensky.

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