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Pipeline Pulse > Oil > EU Power Chief Warns Corporations Searching for to Maintain Russia-Ukraine Fuel Transit
Oil

EU Power Chief Warns Corporations Searching for to Maintain Russia-Ukraine Fuel Transit

Last updated: 2024/10/17 at 12:52 AM
1 year ago
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EU Power Chief Warns Corporations Searching for to Maintain Russia-Ukraine Fuel Transit
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European Union Power Commissioner Kadri Simson warned the area’s gasoline corporations that any potential new offers to maintain gasoline flowing from Russia by Ukraine could be a “harmful” selection.

“There are not any excuses, the EU can stay with out this Russian gasoline,” Simson mentioned at a information convention following a gathering of power ministers. “It is a political selection, and a harmful one.”

A key gasoline transit settlement between Moscow and Kyiv expires on Dec. 31 and negotiations proceed to attempt to preserve flows coming by the pipeline. Nonetheless, a deal doesn’t appear to be shut with lower than three months left to run. Each Kyiv and Moscow have mentioned they’re keen to discover a answer that might contain Azerbaijan, although fears have been raised about Russian provides being furtively combined in.

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Simson, who’s approaching the tip of her mandate as power chief, mentioned that the European Fee was totally ready for a zero-transit situation due to various provide routes and powerful ranges of storage. Fee President Ursula von der Leyen has mentioned that it’s as much as Ukraine to resolve on the way forward for the gasoline pipeline, whereas EU officers have mentioned they’d not enter into recent talks.

The quantity will should be round 10 billion to 11 billion cubic meters to achieve the degrees wanted for easy cargo by Ukraine’s huge pipeline system, round 5 billion cubic meters lower than at the moment, in line with folks acquainted with the matter.

“The price of coping with Russia isn’t simply measured within the value of gasoline,” Simson mentioned. “However the lives misplaced.”




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