Gazprom experts skipped an experts meeting Tuesday

Gazprom experts skipped an experts meeting Tuesday to prepare for Monday’s Russia-Ukraine-EU meeting in Brussels on renegotiating the Russian state company’s 10-year gas transit contract with Ukraine. Concorde Capital’s Alexander Paraschiy writes: “We are skeptical about any deal being reached even by the end of 2019…For the Ukrainian side, the optimal solution of the gas issue is to make EU gas traders buy Russian gas at the Russia-Ukraine border and let them transport gas though Ukraine to the EU without the involvement of the Russians. But, so far, Gazprom is doing all it can to prevent this…All in all, we expect Ukraine’s transit of Russian gas will plunge by at least $1 billion in revenue next year.”