On Jan. 1, the Gas Transmission System Operator of Ukraine (GTSOU) LLC began transporting Russian natural gas to Europe under a new five-year transit agreement (Gordonua.com, Jan. 1). This contract (consistent with European Union regulations) was signed by representatives of the Ukrainian energy firm Naftogaz, GTSOU (established in line with Kyiv’s commitments to implement EU energy market “unbundling” legislation), and Gazprom on Dec. 30, just one day before the previous ten-year gas supply and transit contract was set to expire. The issue of direct gas supplies to Ukraine was not included in the package agreements.

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