The tariff for transit of Russian gas to new contract increased almost 2%, learned of the media.

In five years of Russian gas transit, Ukraine will receive not less than USD 7.3 billion, says RBC with reference to the draft agreement concluded between Naftogaz and Gazprom.

According to the newspaper, 1 January, the transit of Russian gas through Ukraine to Europe rose by 1.9%. Therefore, when the transit of 225 billion cubic meters, Naftogaz will earn a minimum of 7.13 billion dollars.

A source close to Gazprom, said that the new contract, the final tariff for pumping gas through Ukraine increased, but decreased volume. So, in 2019, Gazprom pumped via Ukraine about 90 billion cubic meters, nearly 1.5 times more than the current plan.

In addition, if the Russian company decides to increase deliveries to Europe via Ukraine, the company will have to reserve capacity in the Ukrainian GTS. To this end, the agreement provides multiplying factors for transit: reservation of additional capacity in the quarter will cost 1.1 times more expensive than usual rates, on a month – by 1.2 times, on the day – 1.45 times. Maximum growth rates can reach up to 45%.

If the parties have disputes, these issues will be resolved in International chamber of Commerce in Zurich, however, the contract is governed by Swedish substantive law.

Earlier it was reported that since the beginning of the new transit contract from January 1, Russia is pumped via Ukrainian GTS 2 billion cubic meters of gas, paying for shipping twice as much volume.

 

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