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Ukraine Says Russia Still Pays in Hard Currency for Natural Gas Transit

  • Some banks still exempt from sanctions, says Naftogaz CEO
  • Russian troops avoid damaging transit infrastructure: Vitrenko
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WATCH: Naftogaz CEO Yuriy Vitrenko says Ukraine is still in control of its gas infrastructure. Source: Bloomberg

Russian natural gas transit to Europe via Ukraine is continuing as normal despite the war, and Moscow is still paying in “hard currency” for the trans-shipment services, the head of Ukraine’s largest state-owned oil and gas company said. 

Fuel deliveries will continue as long as it’s “technically possible,” Yuriy Vitrenko, chief executive officer of NJSC Naftogaz Ukrainy, said in a Bloomberg TV interview, adding that he was speaking from a bunker as Russia continued shelling a number of sites in Ukraine.