Russia-Ukraine gas deal more likely

EU Energy Commissioner Guenther Oettinger suggested after talks in Berlin the Ukrainian and Russian energy ministers that Kyiv undertake to pay 1.6 billion euros to Moscow by the end of October and another 0.88 billion euro by the end of December.

In exchange, Russian gas company Gazprom would supply at least 5 billion cubic meters of gas to Ukraine over the coming months at 308 euro per 1,000 cubic meters.

Russian negotiators said after the talks that an interim deal mediated by the European Union could be the basis for a solution over the coming winter, though Russia would only supply gas to Ukraine once pre-payments were made.

-tk-

Article source Deutsche Welle - Germany’s international broadcaster
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