Miller: Ukraine will not be enough for 2 billion cubic meters of gas for the cold winter
To a "very cold winter" Ukraine may need to buy 5 to 7 billion cubic meters of gas, said the head of Gazprom Alexey Miller. "If there be a very cold winter, 2 billion cubic meters will be sufficient, even taking into account the reduction of consumption (of gas to Ukraine). Our estimate that Ukraine will need anywhere from 5 to 7 billion cubic meters of gas in the period from 1 October to 31 March. The main volume of purchases in the 1st quarter because most will be cold, " said Miller. The head of the Ministry of energy of Russia Alexander Novak said that the possible penalty from Gazprom to Naftogaz for the gas shortage in the condition of contract take or pay ( "take or pay" ) for 2015 is largely dependent on the ongoing trials of the parties to the Stockholm arbitration. While Gazprom previously, will not exhibit the fine Ukraine for take-or-pay for the third quarter of 2015. On the 1st and second quarters of the current year between Gazprom and Naftogaz signed the supplementary Treaty to the Treaty providing for non-use in respect of the supply of take-or-pay rules. For the fourth quarter, according to the agreed on the last working day of the week in Brussels the new winter gas package, is also expected to sign this supplemental agreement. But for the third quarter of this supplemental agreement were signed, While deliveries were zero. According to the Minister, " in order to reduce risks it is necessary to focus on the volumes that have been historically stored in underground gas storage. All parties agree, because it is 19-20 billion cubic meters ", reports news Agency. He added that in General these volumes May " not be achieved ". At the same time, He expressed the opinion that the coming winter " will be much colder than the previous 3 years ". The price of gas For Ukraine at a profit will amount to 232 USD per 1 thousand Cubic meters.
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