AIRLINK 207.50 Decreased By ▼ -5.32 (-2.5%)
BOP 10.28 Increased By ▲ 0.03 (0.29%)
CNERGY 6.78 Decreased By ▼ -0.22 (-3.14%)
FCCL 33.44 Decreased By ▼ -0.03 (-0.09%)
FFL 16.91 Decreased By ▼ -0.73 (-4.14%)
FLYNG 22.26 Increased By ▲ 0.44 (2.02%)
HUBC 128.35 Decreased By ▼ -0.76 (-0.59%)
HUMNL 14.05 Increased By ▲ 0.19 (1.37%)
KEL 4.80 Decreased By ▼ -0.06 (-1.23%)
KOSM 6.34 Decreased By ▼ -0.59 (-8.51%)
MLCF 42.95 Decreased By ▼ -0.68 (-1.56%)
OGDC 213.90 Increased By ▲ 0.95 (0.45%)
PACE 7.14 Decreased By ▼ -0.08 (-1.11%)
PAEL 41.75 Increased By ▲ 0.58 (1.41%)
PIAHCLA 16.90 Increased By ▲ 0.07 (0.42%)
PIBTL 8.39 Decreased By ▼ -0.24 (-2.78%)
POWER 8.85 Increased By ▲ 0.04 (0.45%)
PPL 184.00 Increased By ▲ 0.97 (0.53%)
PRL 38.65 Decreased By ▼ -0.98 (-2.47%)
PTC 24.53 Decreased By ▼ -0.20 (-0.81%)
SEARL 98.94 Increased By ▲ 0.93 (0.95%)
SILK 1.01 No Change ▼ 0.00 (0%)
SSGC 40.30 Decreased By ▼ -1.43 (-3.43%)
SYM 18.20 Decreased By ▼ -0.66 (-3.5%)
TELE 9.16 Increased By ▲ 0.16 (1.78%)
TPLP 12.55 Increased By ▲ 0.15 (1.21%)
TRG 66.30 Increased By ▲ 0.62 (0.94%)
WAVESAPP 10.75 Decreased By ▼ -0.23 (-2.09%)
WTL 1.81 Increased By ▲ 0.02 (1.12%)
YOUW 4.03 No Change ▼ 0.00 (0%)
BR100 11,806 Decreased By -60.3 (-0.51%)
BR30 35,714 Increased By 16.3 (0.05%)
KSE100 113,601 Decreased By -547.8 (-0.48%)
KSE30 35,752 Decreased By -200.6 (-0.56%)

MOSCOW: Russia wants to strike a short-term deal with Kiev on gas transit to Europe when the current ten-year deal expires in order to buy time to complete pipelines that will bypass Ukraine, four sources familiar with Russian thinking said.

The current deal with Ukraine expires at the end of this year.

Moscow's stance is far removed from what Kiev and its European allies want. They are seeking guarantees that Ukraine will continue to serve as a transit route for Russian gas to Europe, leaving little obvious room for a breakthrough.

"Ukraine is looking for a long-term, 10-year deal. It's not beneficial for us, a one-year deal would be OK so that we would build up our strength and launch all those 'streams' (Nord Stream 2 and TurkStream)," one of the four sources said.

A European Union source and two other Russian sources familiar with Gazprom's thinking confirmed Moscow's stance. Gazprom and the Russian Energy Ministry declined to comment.

Copyright Reuters, 2019

Comments

Comments are closed.