Three-way talks involving the EU, Russia and Ukraine have ended with an agreement on the terms of gas supplies between October this year and March 2016, the EU Commission has said. Ukraine will be committed to securing transit via its territory to the EU, while Russia will lower prices at which it is selling gas to Ukraine by decreasing the export duty, the Commission has said in a statement.Brussels, on the other hand, will engage in securing the financing for gas purchases, with “at least USD 500 M” to be available by end of the year. Kiev will have to …read more
Source: Novinite
