A Ukrainian official revealed a significant decline in the transit of Russian gas to Europe via the territory of Ukraine in 2020, which means a decline in Ukraine’s revenues from the Russian gas transit.
Sergey Makogun, director of the energy company responsible for the gas system in Ukraine, GTS Operator, said that the volume of Russian gas that was pumped through Ukraine to Europe decreased in 2020 by 38% to 55.8 billion cubic meters.
The official added in a report to the Ukrainian “Economic Truth” portal: “On the other hand, Russia has paid the price of 65 billion cubic meters of gas for transit, based on a clause called” pumping or paying “in the contract concluded with the Russian side, but the realistic quantities of gas That is the lowest pumped in the past 30 years. ”
He pointed out that the Ukrainian gas system is able to absorb about 146 billion cubic meters of gas (transit), which means that in 2020 quantities of Russian gas were pumped through it with less than a third of its capacity.
The Ukrainian official acknowledged the effect of the “Turkish torrent” gas pipeline on the transit of Russian gas through Ukraine, where he said that Kiev may lose the quantities of gas allocated to Hungary (Hungary), Serbia and Croatia due to “Turkish torrent”, which will deprive Ukraine of revenues from the passage of 15 billion cubic meters of Gas (meaning that Ukraine will lose transit gas revenues of about 15 billion cubic meters).
At the end of December 2019, Moscow and Kiev signed a package of agreements on the continuation of the transit (transport) of Russian gas through Ukraine, where a 5-year contract was concluded, and under the contract, the Russian “Gazprom” included pumping 65 billion cubic meters in 2020, and 40 billion cubic meters in The next four years.