Ukraine seeking 'full recovery' of gas transport costs from Russia

Ukraine seeking 'full recovery' of gas transport costs from Russia

Ukraine is seeking a substantial payment from Russia for use of its pipelines to move Russian gas into Europe from 2020 but has still not received a Russian reply to its proposal, Naftogaz Chief Executive Andriy Kobolyev said on Friday, Reuters reports.

Russia and Ukraine failed to reach a new gas transit deal on Thursday but said the talks were constructive and that they would meet again to try to find an agreement starting in January next year.

“We are looking for full recovery of all relevant costs, including recovery of residual value of Ukraine’s gas transmission system,” Kobolyev told a public event in Brussels.

“We are not disclosing a number here. But the number is quite high,” he said.

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