European Commission officially announces 3rd round of trilateral gas talks

European Commission officially announces 3rd round of trilateral gas talks

The European Commission has officially announced the 3d round of trilateral talks on Russian gas transit to the European market through the territory of Ukraine.

“Tomorrow, 19 September, the 3rd round of trilateral talks at political level with Russia and Ukraine on the long-term transit of gas through Ukraine post-2019 is taking place in Brussels. Ahead of the meeting, Vice-President for the Energy Union Maroš Šefčovič is holding bilateral talks with both the delegation of Ukraine headed by Energy Minister Oleksiy Orzhel and the delegation of Russia headed by Energy Minister Alexander Novak. The CEOs of Naftogaz and Gazprom are also present,” reads the announcement on the website of the European Commission.

As noted, the talks will centre around the following areas: how to reflect EU energy rules in the future framework agreement, the appropriate length of the future contract, the necessary volumes with flexibility, and the tariffs.

“I am convinced that progress would send a strong positive signal to market and to consumers ahead of the winter season,” Vice-President of the European Commission Maroš Šefčovič said.

 Previous political trilateral talks took place on 17 July 2018 and on 21 January 2019.


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