U.S. Ambassador: Ukraine may lose US$2.7 bln per year because of Nord Stream 2

REUTERS

Nord Stream 2 will reduce gas transit shipments across Ukraine, which may lose US$2.7 billion per year, or 3% of GDP, she said at the Oil and Gas 2017 conference in Kyiv on October 24.

Read alsoJuncker says no EU unity for Russia Nord Stream 2 talksAs UNIAN reported earlier, the current gas transit contract between Ukraine and Russia was concluded in 2009 for a decade, until the end of 2019.

Russia's Gazprom has repeatedly announced plans to reduce or even stop gas transit via Ukrainian territory. Russia has been lobbying actively the construction of two bypassing gas shipment routes: Nord Stream 2 via the Baltic Sea and the Turkish Stream via the Black Sea.