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EU to hold another round of gas talks next Monday

English.news.cn   2014-06-09 00:49:54

BRUSSELS, June 8 (Xinhua) -- Ministers from Ukraine, Russia and the European Commission will resume talks here on Monday evening, seeking solution to gas price disputes, the organizer said in a statement.

EU Energy Commissioner Guenther Oettinger, Russian Energy Minister Alexander Novak and Ukrainian Energy Minister Yuri Prodan are expected to attend the trilateral energy meeting, initiated by the European Commission, the statement said Sunday.

Russia and Ukraine have made progress toward reaching an agreement on the price for gas deliveries. Oettinger said early this week that 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.

It was agreed that as long as these talks are ongoing, there will be no interruption of delivery, and no prepayment for gas deliveries for June, and no party will go to Stockholm for arbitration.

In 2010, Russia and Ukraine signed a gas-for-fleet agreement, under which Moscow offered a discounted gas price in exchange for extending its lease of its Black Sea fleet facility in Crimea for another 25 years.

In April, Moscow declared the pact no longer valid as Crimea joined Russia in March. Citing Kiev's non-fulfillment of its debt obligations and "changing circumstances" over Crimea, Gazprom canceled discounts on gas supplies to Ukraine and set a price of 485 dollars per 1,000 cubic meters, which Kiev called overpriced and wouldn't accept.

Editor: yan
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