BEIJING, June 3 (Xinhuanet) -- Russia and Ukraine have made substantial progress toward reaching an agreement on a lower price for gas deliveries and the payment of outstanding debt by Kiev.
This comes after Ukraine’s Naftogaz paid Russia’s Gazprom 786 million US dollars for the February and March supplies, following the first round of EU-mediated talks in Berlin last week.
The European Union’s Energy Commissioner, Guenther Oettinger, hosted the talks. He says the two sides’ state-owned gas companies will now take the proposal to their experts and shareholders for approval. This is the prerequisite for another round of talks to seal the deal in the coming days.
But Oettinger declined to divulge the envisioned new gas price for Ukraine. The parties also agreed Russia will neither request prepayment for further deliveries nor restrict supplies while negotiations continue.