01:33 GMT +318 August 2019
Listen Live
    Gas distribution station in Yenakiyevo

    Gas Talks Between Russia, Ukraine, EU to Be Held Next Week

    © Sputnik / Mikhail Voskresenskiy
    Business
    Get short URL
    0 32

    Trilateral gas talks between Russia, Ukraine and the European Commission (EC) will be held next week in Belgium’s capital Brussels, Ukraine’s permanent representative to the European Union Kostiantyn Yelisieiev said Friday.

    KIEV (Sputnik) — Talks on a so-called summer package deal on Russian gas deliveries to Ukraine are drawing near the end, the diplomat said.

    "Trilateral gas talks between Russia, Ukraine and the EC will be held in Brussels next week."

    Last summer, Russian energy company Gazprom introduced a prepayment system for gas deliveries to Ukraine, amid Kiev’s massive gas debt estimated to be $5 billion at the time.

    In October 2014, Moscow and Kiev, with the mediation of the European Commission, signed a so-called winter package deal to supply Ukraine with gas until the end of March. The deal stipulated a $100-discount per 1,000 cubic meters of gas.

    Moscow extended the deal for the second quarter of the year in March in light of the economic situation in Ukraine. The package is due to expire at the end of next month.

    Related:

    Ukraine is Head Over Heels in Debt for Russian Gas
    Gazprom Sees No Rivals in European Gas-Pipeline Projects
    Serbia Calls on EU Not to Create Barriers for Gas Projects
    Tags:
    gas, European Commission, Ukraine, Russia
    Community standardsDiscussion
    Comment via FacebookComment via Sputnik