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Gas transit through Ukraine brings significant losses to Gazprom

Gas transit through Ukraine brings «Gazprom» tangible losses
Since December 2019 years, Gazprom received the accounts of Naftogaz Ukraine 684 million dollars in payment for gas transit. This amount also includes prepayment for April.

This was said by the Executive Director of Naftogaz Ukraine Yuriy Vitrenko in an interview with the Ukrainian edition of OilPoint.

The indicated amount has been paid by Russia since the conclusion of a new contract for the transit of natural gas through the gas transportation system of Ukraine.

Vitrenko said, that Gazprom is calculated on time, without delay.

During this time, Gazprom suffered losses in the amount of 190 millions of dollars. The thing is, that under a new contract a Russian company is obliged to pump through the territory of Ukraine 178,1 million cubic meters of gas daily on a “download or pay” basis. Transit cost is 31,72 dollar for every thousand cubic meters. It means, what you need to pay for the entire agreed transit volume, regardless of the actual volume of pumping.

Gazprom paid for transit for four months 21,6 billion cubic meters of gas, actually going only to 15,6 billion cubic meters for this period and overpaying for this time 190 millions of dollars.

The Russian company hopes, that by the end of the year it will increase transit volumes and compensate for its losses.

A source

                          
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