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Ukraine ready to accept Russian terms of gas supplies for upcoming winter — Naftogaz

September 25, 2015, 20:27 UTC+3
"The discussed solution heavily depends on actions of the governments of both Ukraine and Russia, as well as of the EC," the report said
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© EPA/SERGEI CHIRIKOV

KIEV, September 25. /TASS/. Ukraine’s state gas company Naftogaz Ukrainy said it is ready to accept the terms of natural gas supplies offered by the Russian side "as a basis for an interim solution for the upcoming winter," the company’s press service reported on Friday.

"However, for this solution to work, Ukraine expects a comprehensive binding deal that will include both an addendum to the contract between Naftogaz and Gazprom signed by the companies' CEOs and a binding intergovernmental protocol between Russia, Ukraine and the European Union signed by authorized representatives on behalf of the governments of Russia and Ukraine as well as the European Commission [EC]," the company said.

"The discussed solution heavily depends on actions of the governments of both Ukraine and Russia, as well as of the EC," the report said.

According to the report, "the government of Ukraine should commit to ensure gas transit to the EU in line with contractual obligations between Naftogaz and Gazprom. It should also commit to provide Naftogaz with sufficient funding to finance gas purchases."

"For an efficient solution, a commitment of the European Commission is necessary to provide financial support to Ukraine to implement the deal," Naftogaz said.

"The Russian government's commitment not to revoke the agreed discount based on customs duty revision till the end of 1Q 2016 is an essential prerequisite for the deal to hold," the report said.

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