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Naftogaz CEO considers transit as a key source of funding for the transformation of the energy sector.

“Ukraine receives quite a lot of revenue from gas transit. We have a contract until 2024 that provides Ukraine with guaranteed income of $7.2 billion. If transit is prolonged, for example, for another 10 years after 2024, this can guarantee Ukraine an additional $20 billion. This is a significant source of financing for Ukraine’s “green transition,” Vitrenko said.

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