Russian state-controlled Gazprom has reiterated its terms for prolonging gas transit to Europe through Ukraine in a formal ofer to state-owned Naftogaz - but the Ukrainian frm has already indicated that the conditions are unacceptable. A formal proposal sent to Naftogaz on 18 November ofers an extension of Gazprom’s existing transit contract, which expires on 31 December, or a new one-year deal that takes forecast European 2020 demand into consideration. Gazprom requires the termination of all Naftogaz legal claims against it and an ofcial response over whether Naftogaz will buy Russian gas directly from Gazprom next year, at a 25pc discount to prices paid by Ukrainian consumers.
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