1. Home
  2. World
  3. EU, Russia, Ukraine to hold meeting...

EU, Russia, Ukraine to hold meeting on gas dispute

Brussels: The European Union(EU) said on Friday a trilateral meeting on gas supply between the EU, Russia and Ukraine was scheduled for Tuesday in Brussels.The three sides will be represented by EU Energy Commissioner Guenther
IANS October 18, 2014 6:53 IST
IANS

Brussels: The European Union(EU) said on Friday a trilateral meeting on gas supply between the EU, Russia and Ukraine was scheduled for Tuesday in Brussels.

The three sides will be represented by EU Energy Commissioner Guenther Oettinger, Russian Energy Minister Alexander Novak and Ukrainian Energy Minister Yuriy Prodan respectively, Xinhua reported.

During the previous ministerial gas talks held in September in Berlin, Russia, Ukraine and the EU prepared a new package deal on settling the gas dispute and needed to be approved by the governments in Moscow and Kiev.

According to the "winter package" mediated by the EU, Kiev would pay $2 billion to Russia by the end of October and a further $1.1 billion by the end of this year to pay off gas debts.

In return, Russia would deliver at least 5 billion cubic meters of gas to Ukraine after it has received the first $2 billion. The price discussed for the gas deliveries was $385 per 1,000 cubic meters.

European Commission President Jose Manuel Barroso said at the same day in Milan all remaining issues could be resolved during the next trilateral talks.