23
Dec
2016

YEAR IN REVIEW – Russia’s resolute plan to bypass Ukraine

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Russia's need for a route circumventing Ukraine was demonstrated recently when Ukrainian gas transporter Naftogaz decided to impose a unilateral 50% rise on the fee Russia pays for transiting gas across its territory to Europe.

Gazprom’s current transport transit contract ends in 2019, but Russia is reluctant to wait until then before it comes up with an alternative.

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