https://sputnikglobe.com/20191231/merkel-lauds-russian-ukrainian-gas-deal-for-ensuring-eu-supply-1077909850.html
Merkel Lauds Russian-Ukrainian Gas Deal for Ensuring EU Supply
Merkel Lauds Russian-Ukrainian Gas Deal for Ensuring EU Supply
Sputnik International
BERLIN (Sputnik) - German Chancellor Angela Merkel has praised the signing of a long-awaited Russian-Ukrainian pact on gas transit to Europe as a sign of the... 31.12.2019, Sputnik International
2019-12-31T13:28+0000
2019-12-31T13:28+0000
2019-12-31T13:28+0000
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Merkel Lauds Russian-Ukrainian Gas Deal for Ensuring EU Supply
BERLIN (Sputnik) - German Chancellor Angela Merkel has praised the signing of a long-awaited Russian-Ukrainian pact on gas transit to Europe as a sign of the European Union’s energy security.
"I am glad that one and a half years of talks on Russian gas transit through Ukraine could be successfully concluded. Continued gas transit … is a good and important signal that our European gas supply will be guaranteed", Merkel said in a statement.
She thanked Russian and Ukrainian negotiators, EU Commission Vice-President Maros Sefcovic, German Economy Minister Peter Altmaier and the recent addition to the mediators' team, Georg Graf Waldersee.
25 December 2019, 23:06 GMT
Russia’s
Gazprom and Ukraine’s Naftogaz finalised the deal late on 30 December. It guarantees Russian natural gas transit through Ukraine for five years starting 1 January.
Germany relies on Russia for much of its natural gas imports. Despite a slip in gas exports starting in 2014, Russia remained the EU’s biggest supplier in the first half of the outgoing year. It is about to complete a new undersea pipeline to Europe despite US sanctions on contractors.