Russian oil companies back Energy Ministry proposal on limiting oil production — ministerBusiness & Economy December 07, 18:42
Syrian troops take full control over 47 quarters of eastern Aleppo — ministryWorld December 07, 18:36
Sberbank head expects oil and gas prices to continue to fallBusiness & Economy December 07, 18:26
Russian sappers start clearing eastern Aleppo from minesMilitary & Defense December 07, 18:17
Putin says experience gained in Syria to be discussed at Defense Ministry board meetingMilitary & Defense December 07, 17:49
Luxembourg Forum to convene conference on nuclear security in 2017World December 07, 17:32
Pole vault star Isinbayeva takes charge of Russian Anti-Doping Agency’s supervisory boardSport December 07, 17:28
Russian expert says North Korea has effective means of delivering nuclear weaponsWorld December 07, 17:23
Russian rapper must shell out $781 to fellow performer for 'mop-haired creep' tweetSociety & Culture December 07, 16:49
The protocol signed in Brussels on Thursday at the three-party gas talks between Moscow and Kiev with the EU’s mediation on Russian natural gas supplies to Ukraine was posted on the Ukrainian government’s website.
Under the protocol, the export duty reduction will be calculated under the following formula: “If the price is $333.33 and more per 1,000 cu m, the discount will amount to $100. If the price is lower than $333.33, the discount will equal 30% of this price,” the protocol says.
The document says that Ukraine will make payments for natural gas before it is supplied.
Under the protocol, Gazprom undertakes to supply all prepaid gas volumes in compliance with the Contract and its Addendum of October 30, 2014 during the specified period - from November 2014 to March 31, 2015. Gazprom will give up the “take or pay” principle in gas deliveries.
The leaders of Russia, Germany, France and Ukraine have also welcomed the agreements on conditions of supplies and transit of Russian natural gas to Ukraine, the Kremlin press service announced Friday.
“The leaders hailed the agreements reached on the conditions of supplies and transit of Russian natural gas to Ukraine. This is an important step for ensuring further uninterrupted gas transit to Europe,” the press service said.
EU energy commissioner Guenther Oettinger, who is leaving the office on Friday, hopes that the new agreement on gas will help improve relations between Russia and Ukraine.