Ukraine on Wednesday rejected a natural gas transit proposal by Russian energy giant Gazprom as an unacceptable and unprofitable proposition for Kiev. Gazprom on Tuesday had said it could continue pumping reduced volumes of gas to western and central Europe through an existing Ukrainian trunk pipeline.
The suggestion came after German Chancellor Angela Merkel said a deal for the Nord Stream 2 project Gazprom has been pushing was impossible "without clarity about the Ukrainian transit role." Nord Stream 2 is a proposed expansion of an existing link that connects Russia directly to Germany via the Baltic Sea.
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