Ukraine Commits to Russian Oil Transit Amid Diversification Efforts

Ukraine will continue its commitments to transit Russian oil to Europe via the Druzhba pipeline despite earlier suggestions of halting supplies from January. Both Ukrainian officials reaffirm their dedication to existing contracts with European countries which run until 2029. The EU seeks energy diversification post-Russia-Ukraine conflict.


Devdiscourse News Desk | Updated: 30-08-2024 20:36 IST | Created: 30-08-2024 20:36 IST
Ukraine Commits to Russian Oil Transit Amid Diversification Efforts
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Ukraine has assured that it will honor its commitments to transit Russian oil to Europe through the Druzhba pipeline, despite earlier hints of a halt next year.

Ukrainian presidential aide Mykhailo Podolyak reassured that Ukraine stands by its contracts, running until 2029, in efforts to support the EU's energy diversification.

Naftogaz head Olekskiy Chernyshov echoed this, stating Ukraine remains a reliable partner for Europe. Preparations within the EU, including investments in alternative pipelines, highlight a strategic shift post-Russia-Ukraine conflict.

(With inputs from agencies.)

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