Alexander Medvedev Pipe Quotations

Having come across the undeniable fact of theft of our gas from the export pipe and in order to ensure energy security for Europe, we have decided to take all possible measures to ensure that Western consumers continue to receive gas in accordance with the contracts in effect.

The volume of gas stolen by Ukraine from the pipeline to Europe on January 1 was close to 100 million cubic meters, valued at US$25 million (HK$195 million) at the market price.

We will fully deliver the amount of gas intended for Europe to the openings of Ukraine's gas pipeline system, and from that moment on responsibility will lie with Ukraine. If they make good on their threat to take unsanctioned gas, they will bear full responsibility for that.