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Russia willing to boost gas transit through Ukraine if Kiev offers competitive conditions

Russia willing to boost gas transit through Ukraine if Kiev offers competitive conditions
Russia is ready to increase the transit of natural gas via Ukraine if the European Union increases purchases and Kiev offers competitive transit conditions, Kremlin spokesman Dmitry Peskov told journalists on Wednesday.

“In order to transport [gas] via Ukraine, someone should buy it, and this is the case with our European customers,” he said, adding that he has urged the Ukrainian authorities to address gas buyers in Europe, as “they can reach a new long-term agreement with Russia with increased quantities, considering growing demands for gas.”

READ MORE: Energy-rich Russia emerging as favorite investment destination

The Kremlin spokesman insisted Russia would meet all its commitments on transit.

“The president reiterated if purchases of our gas continue, if contracts are increased and if Ukraine offers a competitive deal, everything will continue working,” Peskov said.

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