Pact Signed, Russians Will Sell Gas to Ukraine

Pact Signed, Russians Will Sell Gas to Ukraine

BERLIN — European officials said Friday that they had brokered a deal between Russia and Ukraine aimed at ensuring gas flows to keep factories running and homes warm over the next six months, despite a dispute over the size of Ukraine’s outstanding bills.

Günther H. Oettinger, the European Union energy commissioner, met Friday in Berlin with the energy ministers of Russia and Ukraine to urge the two sides to reach an agreement that would resume the flow of natural gas from Russia to Ukraine for a set price during the winter. Russia’s natural gas giant, Gazprom, cut off supplies to Ukraine this summer after the two countries failed to reach an agreement on how much Kiev owes Russia for past deliveries.

Under Friday’s deal, which Moscow and Kiev are expected to approve by next week, Ukraine would pay Russia $3.1 billion toward its outstanding bill–  Read More  http://www.nytimes.com/2014/09/27/world/europe/russia-ukraine-gazprom-deal

Russia supplies most of Ukraine’s and Europe’s Natural Gas, a dagger at both throats when conflicts such as the Ukraine War happen.

Leave a Reply

Your email address will not be published. Required fields are marked *