Markets

Ukraine says Russian gas transit jumps 26pc in January

Published February 12, 2019 Updated February 12, 2019 02:55pm

Ukrtransgaz gave no reason for the increase.

More than a third of Russia's gas exports to the European Union currently cross Ukraine, providing Kiev with valuable income. Russian gas giant Gazprom has said it wants to bypass Ukraine by building new pipelines.

Russian gas exports via Ukraine fell by 7 percent in 2018 to 86.8 bcm.

Relations between the two countries have deteriorated since Russia annexed the Crimean peninsula in March 2014 and Ukraine halted its own imports of Russian gas in 2015.

Copyright Reuters, 2019