Ukrtransgaz expects increase in Russian gas transit to EU

State-run enterprise Ukrtransgaz expects a 9.4% increase in Russian gas transit shipments to the European Union across Ukraine's territory in 2015 from 2014, to 65 billion cubic meters (bcm), according to Ukrtransgaz CEO Ihor Prokopiv.

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"Recent months let us give better forecasts. As of today, it's 53 bcm, which is only 1% down year-over-year. As of the end of the year, we expect 65 bcm," the company's press service quoted Prokopiv as saying.

As UNIAN reported earlier, Russian gas transit to the EU via Ukraine in 2014 fell by 29.1% from 2013, to 59.4 bcm.

In October 2014, NJSC Naftogaz of Ukraine turned to the Arbitration Institute of the Stockholm Chamber of Commerce (SCC) for a review of a gas transit contract with Russia's Gazprom and compensation for insufficient amounts of the transit shipments via Ukraine.

In January 2015, Gazprom announced plans to stop pumping gas to the EU through Ukraine's territory.

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