05:45 GMT +3 hours22 November 2014
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Gazprom Vows to Deliver on Gas Supply Contracts

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(updated 18:35 28.10.2014)
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Russian energy giant Gazprom has vowed to fulfill its contract obligations despite Russia’s standoff with Ukraine, Russian Deputy Energy Minister Anatoly Yanovsky said at a RIA Novosti press conference Monday.

MOSCOW, May 12 (RIA Novosti) – Russian energy giant Gazprom has vowed to fulfill its contract obligations despite Russia’s standoff with Ukraine, Russian Deputy Energy Minister Anatoly Yanovsky said at a RIA Novosti press conference Monday.

Yanovsky emphasized that the Russian energy major was pumping more gas into Europe’s underground reservoirs using the Yamal-Europe and the Nord Stream pipelines.

“Countries that have no alternative supply [channels] other than the Ukrainian gas transport system are most at risk,” the minister said, naming Bulgaria, Bosnia and Herzegovina and several other countries.

Russia’s state-owned Gazprom earlier said Moscow’s conflict with the coup-imposed authority in Kiev could potentially hamper Russian natural gas deliveries to Europe through Ukraine.

The company said it feared Ukraine’s Naftogas could fail on its transport obligations, withholding some gas allocated for Europe for itself.

Tags:
gas supplies, Gazprom, Europe