KYIV, Feb 11 – Executive Officer of the Naftogaz Group Yuriy Vitrenko has reaffirmed the position of the Ukrainian side on signing a contract with Russia's Gazprom on gas transit shipments after 2019 based on European rules and with unconditional implementation of the awards by the Arbitration Institute of the Stockholm Chamber of Commerce.

"The current transit contract between Naftogaz and Gazprom does not comply with the requirements of Ukrainian and European legislation, therefore it cannot be extended. To sum up, transit through Ukraine is possible on standard European terms, not Russia's terms," he said on Facebook commenting on a statement by Russia's Deputy Foreign Minister Alexander Pankin. The latter said that Russia was ready to continue gas transit shipments through the Ukrainian gas transmission system "on the conditions that we need."