Future of Ukrainian transit and Gazprom’s strategy in Central and Eastern European markets
An analysis of Gazprom’s presence in the European gas market in recent years shows that the company has generally been able to adapt to new business conditions. While Gazprom’s share of the European gas market is likely to decline in the medium term and gas prices will tend to decline, the Russian supplier’s position will remain strong, including in Central and Eastern Europe.
The outcome of the tripartite consultations on the signing of a contract for the transit of Russian gas through the territory of Ukraine to EU countries, in particular the signing of the minutes of the governmental meeting of representatives of Ukraine, Russia and the EU on December 20, 2019, is estimated by the European side as a compromise between Ukraine and Russia, which minimizes the risks of winter 2019/20 season for Central and Eastern Europe.
December 27, 2019 (08:59)