Agreement on the gas dispute between Russia, Ukraine and the European Union


The aim was to secure the supply of gas for this winter as well as for Ukraine, after four months of interruption due to the war, some European states. Regulation of the Ukrainian debt to Gazprom will be in two tranches, the first immediately and the other at the end of the year. Debt of 3.1 billion dollars.


"We have taken a preliminary decision in the context of certain preliminary issues, which will be in force until the final solution to our gas dispute with Russia will be decided by an arbitration court in Stockholm," the Ukrainian Minister Energy.


Russians assess the arrears of $ 5.3 billion, but they agreed to defer to arbitration for the remaining 2.2 billion dollars.


Russian Energy Minister highlighted the many compromises made by Moscow on debt restructuring and the price of gas. It is he said the Russian contribution to stabilize the situation in Ukraine during the fall and winter while ensuring safe supply of European consumers. "


The agreement also provides for a price of $ 385 per 1,000 m3 for the duration of the contract, which runs from November to late March 2015. Payment will be made in advance for each subsequent month. Kiev was absolutely guarantee that the price will not change during the term of the contract.


Angela Merkel, Hollande assured of their sides that "the EU will play its role in facilitating the implementation of this agreement."






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