Home / World / Russia’s Gazprom receives Naftogaz’s letter on resumption of supplies in July 2017-March 2017

Russia’s Gazprom receives Naftogaz’s letter on resumption of supplies in July 2017-March 2017

Gazprom has received the letter of Naftogaz Ukrainy on the resumption of Russian gas supplies in H2 2016 and Q1 2017, Gazprom CEO Alexei Miller told journalists.
Russia’s Gazprom receives Naftogaz's letter on resumption of supplies in July 2017-March 2017

On Monday Naftogaz Ukrainy head Andriy Kobolev said that he was allowing for the possibility of buying Russian gas starting in Q3, Joinfo.ua reports with reference to Interfax-Ukraine.

“Yes, really, yesterday we received an official letter from the director of Naftogaz Ukrainy with a request for the resumption of supplies of Russian gas. This concerns nine months: H2 2016 and Q1 2017. That is, all of the coming winter and the period leading up to it. The change in sentiment of the Ukrainian company is understandable. The daily volume of the reverse flow from Europe fell 84% in June in comparison with May and by 94% in comparison with April,” Miller said.

Kobolev said on Monday the purchases would be possible “if Gazprom agrees to adopt temporary changes to the existing contract… in this concrete case, if the price is lower than the price which is offered to us from Europe, from the point of view of minimizing spending of consumers and simply common sense, it would be correct to buy this gas from the East.”