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Ukraine will continue buying Russian gas

November 18, 2013, 11:54 UTC+3 MOSCOW
Last week the Russian and the Ukrainian side agreed about the debt for gas supplied in August and October which made $1.3 billion
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MOSCOW, November 18, /ITAR-TASS/. At the end of last week, Naftogaz Ukrainy, which refused from the Russian gas in early October, agreed to buy it and stopped taking gas from the underground storages. Last week the Russian and the Ukrainian side agreed about the debt for gas supplied in August and October which made $1.3 billion.

Rossiiskaya Gazeta stresses another aspect which makes the situation complicated is that the transit of gas across Ukraine is the only existing corridor to Europe at the given moment. The South Stream pipeline will begin the service only in 2015, while the European demand for Russian gas is growing now. The preliminary estimates say during ten months of the current year the gas export to Europe grew by 15.7% year-on-year.

Komsomolskaya Pravda says the direct telephone talks between Russia’s Prime Minister Dmitry Medvedev and Ukraine’s Prime Minister Nikolai Azarov helped to settle the conflict situation. “During the negotiations, the Russian prime minister stressed the Ukrainian side should follow its obligations to pump enough gas into the underground storages in order to follow the international contracts,” the Russian government’s press service said.

Itar-Tass is not responsible for the material quoted in these press reviews.

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