PGNiG to deliver gas to Ukraine, after Gazprom shutdown

WSE-listed, state-run gas giant PGNiG signed an ad hoc agreement on supplying over 60 million cubic meters of natural gas to Ukraine, after Russian Gazprom suspended deliveries to Kiev. “The current situation related to gas supplies proves that our decision to diversify sources of supply was right. Thanks to partners from Poland, another attempt by Moscow to use gas as a political weapon against Ukraine failed. I hope that the EU and the governments of the respective Member States will take this into account before making a final decision on Nord Stream 2,” Naftogaz CEO Andriy Kobolyev, said. “Energy solidarity and good cooperation with neighboring countries is our duty, especially now that Ukraine is not getting supplies from Russia, and the demand for natural gas for heating is increasing due to the harsh winter. We are ready to increase the volume of supply or extend the contract with Naftogaz, depending on the needs of the Ukrainian market,” added Piotr Woźniak from PGNiG. Gazprom’s decision comes after a Stockholm arbitration court ordered Russian giant to pay more than $2.5 billion to Ukrainian energy firm Naftogaz. In a statement, Gazprom CEO Alexei Miller said the court’s ruling meant the company’s gas deals with Ukraine would no longer be commercially viable, so it had no choice but to ask the court to terminate them.