You're reading: Gazprom CEO says Ukraine to remain transit country for Russian gas after commissioning of new pipelines

Ukraine will remain a transit country for Russian gas after the construction of the Nord Stream and South Stream gas pipelines, chief executive of Russia's Gazprom Alexei Miller has said.

According to him, the capacity of the Nord Stream and South Stream pipelines does not lessen the importance of gas transit through Ukraine.

Miller stressed that the target markets of the Nord Stream pipeline are Germany, France, Belgium and Britain and other countries will continue to receive gas through via the existing route.

He added that if the problems with transit countries arise, then with the introduction of new export capacities, the volume of gas could be redistributed.