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    Xinhua: Ukraine to lose its role as gas transit country: Gazprom CEO

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Summary

Gazprom CEO Alexei Miller says taht Ukraine would lose its role as a gas transit country due to the Nord Stream pipeline and a new pipeline to Turkey.

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Press Notes

Xinhua: Ukraine to lose its role as gas transit country: Gazprom CEO

Russian energy giant Gazprom CEO Alexei Miller said Saturday that Ukraine would lose its role as a gas transit country due to the Nord Stream pipeline and a new pipeline to Turkey.

"In fact, the role of Ukraine as a transit country will be nullified," Miller said in an interview with Russia's Channel One Television.

"We will still deliver enough gas to Ukraine for its internal consumption. Europe will be receiving gas via alternative routes," he added.

According to Miller, the termination of the South Stream natural gas pipeline project envisages the change in Russian strategy on the European market.

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