icon bookmark-bicon bookmarkicon cameraicon checkicon chevron downicon chevron lefticon chevron righticon chevron upicon closeicon v-compressicon downloadicon editicon v-expandicon fbicon fileicon filtericon flag ruicon full chevron downicon full chevron lefticon full chevron righticon full chevron upicon gpicon insicon mailicon moveicon-musicicon mutedicon nomutedicon okicon v-pauseicon v-playicon searchicon shareicon sign inicon sign upicon stepbackicon stepforicon swipe downicon tagicon tagsicon tgicon trashicon twicon vkicon yticon wticon fm

‘If transit of Russian gas through Ukraine stops, there will be no reverse’ – Putin

‘If transit of Russian gas through Ukraine stops, there will be no reverse’ – Putin
Ukraine still heavily relies on Russian gas, therefore it won’t be able to use reverse flows if the gas transit stops completely, Vladimir Putin said. As of now, the reverse gas flows “exist only on paper.”

There are no real reverse flows of gas in Ukraine, Putin said, adding that “if there’s no transit, there’re also no gas supplies.” He was apparently referring to reports that Ukraine continues to buy reverse supplies of Russian gas at a higher price from European nations.

The Russian president said that Ukraine is buying gas at twice the price it could have paid. Meanwhile, Kiev is “fooling around” instead of coming to terms with the conditions of gas transit decided by Moscow. Eventually, it is the Ukrainian taxpayer who suffers the most, Putin argued.

Also on rt.com Cost of independence: Ukraine pays record high price for ‘European’ gas

Over the last few years, heating prices have increased by a whopping 1,400 percent while living standards have “dropped dramatically,” he noted. Kiev maintains that reverse gas flows from the EU to Ukraine are to help the country overcome its reliance on Russian gas.

Subscribe to RT newsletter to get stories the mainstream media won’t tell you.