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Russian and Ukrainian PMs to discuss cooperation in gas sector

July 12, 2013, 7:40 UTC+3

Dmitry Medvedev and Nikolai Azarov will meet in Sochi July 12

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Nikolai Azarov, Photo ITAR-TASS

Nikolai Azarov, Photo ITAR-TASS

MOSCOW/KIEV, July 12 (Itar-Tass) - Russian Prime Minister Dmitry Medvedev and his Ukrainian colleague Nikolai Azarov will meet in the Black Sea resort city of Sochi on Friday, July 12, to discuss economic relations between the two countries and cooperation in the gas sector.

The Ukrainian delegation will include Deputy Prime Minister Yuri Boiko, Minister of Energy and Coal Industry Eduard Stavitsky, and Minister of Economic Development and Trade Igor Prasolov.

On his Facebook account, Azarov wrote: “Many questions have piled up since my last meeting with the prime minister of Russia and it is these questions that we will address.”

Stavitsky confirmed to the press that the issues to be discussed will include the supply of Russian natural gas for Ukrainian underground gas storage facilities.

He said Kiev would insist that the gas be pumped into the storage facilities at Gazporm’s expense and stressed that problems should be resolved “through compromise by hearing each other.”

Earlier, the Energy Ministry said Ukraine would agree to store gas in amounts necessary for uninterrupted transit to Europe only if gas is supplied to underground storage facilities either by Gazprom or by German RWE.

Experts say that the creation of a gas transportation consortium to manage the Ukrainian gas transit system will also be discussed in Sochi.

Fitch specialists warned that an insufficient amount of gas in Ukraine’s gas storage facilities may lead to interruptions in gas supplies to Europe.

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