Ukraine and Russia reach gas 'consensus' [View all]

[muriel_volestrangler]

Source: BBC

Ukraine and Russia have "found consensus" on a deal to end their gas dispute, according to the boss of Ukraine's state gas firm.

Andriy Kobolev told the BBC Naftogaz was prepared to settle part of its debts, while the two parties had agreed a price for gas this winter.
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"We have found consensus on all elements of the deal," Mr Kobolev said.

"Ukraine has made a gesture of good faith and is prepared to settle part of (its outstanding bills)."

Read more: http://www.bbc.co.uk/news/business-29764260

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from the Russian side:

Russia submits draft gas agreement to EU, Ukraine

Russia has submitted a draft trilateral protocol agreement to solve gas dispute to the EU and Ukraine, Energy Minister Alexander Novak told reporters Friday.

“I gave the draft trilateral protocol agreement to our partners in Ukraine and the EU on October 21, it is under their consideration,” Novak said. “I do not have the information on what proposals our partners in negotiations are discussing. They have promised to speak them out at trilateral consultations on October 29,” Novak said.

On October 17, Russia and Ukraine agreed on the gas price of US $385 per 1,000 cubic meters for the winter and Ukraine repaying at least $1.4 billion of its gas debt before the supplies restart, however no agreement had been signed during the previous trilateral gas talks on Tuesday, as Kiev has no money to fully repay the debt.
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Novak said that Russia is ready to sign a new gas agreement with Ukraine as soon as the EU provides financial guarantees for the repayment of the debt and advanced payment for further supplies.

http://en.itar-tass.com/economy/756292