President of Ukraine

President: Russia will not do without the Ukrainian gas transportation system

13 April 2018 - 19:05

President: Russia will not do without the Ukrainian gas transportation system

"Russia will not do without the Ukrainian gas transportation system, in any case. After 2019 as well. The second position - the Nord Stream 2 is an entirely political project. It needs 15-20 billion dollars, and we have a ready system," President Poroshenko said in an interview to Ukrainian TV channels.

According to him, Ukraine is able to transport 150 billion cubic meters of gas.

"That is, the construction of the Nord Stream 2 means throwing away 20 billion dollars. It is economically meaningless. And this is what I say to the leaders of the European Union: you just make the gas that you will buy more expensive and your economy uncompetitive. You act, in this case, not only in the interests of Ukraine. You act in the interests of the EU’s unity and competitiveness. And I want to assure you that the voice of Ukraine was very well heard," the President said.

The Head of State said that during the negotiations with Chancellor of Germany Angela Merkel, the parties had agreed on a number of practical steps.

"The result of the talks is that Germany stated for the first time that the Nord Stream 2 was not only an economic, but also a political project. We have been proving that for months. And the second statement is that it cannot be realized without taking into account the interests of Ukraine," the Head of State emphasized.

The President noted that during the negotiations with a great friend of Ukraine, Prime Minister of Denmark Lars Løkke Rasmussen, protection of Ukraine's interests had been also declared as an important condition. "Can you remember when the majority of European countries in their negotiations on the internal EU’s energy security every time stressed the need to take into account Ukraine's interests?" he asked. According to the President, this is the result of signing the Association Agreement between Ukraine and the EU, the reforms implemented by Ukraine that are recognized by the EU and are actually the basis for expanding the areas of cooperation in the so-called "Eastern Partnership +".

Answering the question what interests of Ukraine will be taken into account, the President noted: "There may be different options - starting from the guarantees that the volume of transit will not be reduced".

The President stressed that all gas agreements of the Russian Federation with the EU countries had reservations about the Stockholm Arbitration. The Head of State noted: "Today, we see that Russia does not comply with the decision of the Stockholm Arbitration not only in terms of paying us $ 4.6 billion as a compensation for losses, but also in terms of supplying us with gas, where Russians were obliged to comply with the contract. And the court confirmed that".