Editor-in-chief (Ukraine): Ukraine has lost the transit of gas to Turkey, Bulgaria and Greece – the operator of the Ukrainian GTS

After starting the second leg of the gas pipeline “Turkish stream” Ukraine will lose part of the transit to Hungary and Serbia, said the head of “Operator of the gas transportation system of Ukraine” Sergey Makogon.

“We have to admit that after the launch of the first line of “Turkish stream”, Ukraine almost completely lost the transit of gas from Russia to Turkey and southern Europe (Greece and Bulgaria). After construction of the pipeline in Bulgaria and the launch of the second leg of the “Turkish stream” Ukraine will lose part of the transit that goes to Hungary and Serbia (15 billion m3)”, — he wrote.

The Chapter “Operator GTS of Ukraine” noted that the second line of the “Turkish stream” will be launched in late 2020 or early 2021-th.

“It is therefore critically important to prevent the completion of the construction of the “Nord stream — 2″, as this will result in a complete loss of the transit is already in 2025. For Ukraine it is $2.5-3 billion in annual revenue from transit,” explained Makogon.

30 Dec 2019 NAK “Naftogaz Ukraine” and Russian “Gazprom” signed a new contract on gas transit for five years.

The minimum guaranteed upgrade on a new contract with “take or pay” amounts to 65 billion m3 of gas in the first year and 40 billion m3 in the next four. Ukrainian President Vladimir Zelensky said that the five-year contract on gas transit, Ukraine will receive more than $7 billion.

8 January 2020 in Istanbul, the presidents of Russia and Turkey Vladimir Putin and Recep Tayyip Erdogan opened the gas pipeline “Turkish stream”, which connects the Krasnodar region of Russia with Turkey and the countries of southern Europe.

Sea gas pipeline “Turkish stream” consists of two threads. The first is designed for the Turkish market, the second for countries in southern and South-Eastern Europe.

The President of the United States Donald trump 20 December 2019 signed the defense budget for 2020, which laid down the sanctions against the Russian gas pipeline “Turkish stream” and “Nord stream — 2”.

According to the head of Naftogaz of Ukraine Andriy KOBOLEV, in 2020 Ukraine will lose transit 15 billion m3 of gas that will be pumped through the gas pipeline “Turkish stream”.