Russian Gas Transit Via Ukraine Set For Major Slump

Transit of Russian natural gas via Ukraine will be reduced to just about 10-12 billion cubic meters annually after the completion of two new pipelines—Turkish Stream and Nord Stream 2. That’s what Gazprom’s chief executive Alexei Miller told a Russian TV channel yesterday, confirming Kiev’s fears that Nord Stream 2 will deprive it of a lot of income in the form of transit fees. Source: Oil Price


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