BRUSSELS, October 31. /TASS/. Russia will resume supplies of gas to Ukraine as soon as the first tranche of debt for gas supplies is repaid, Ukraine’s Energy Minister Yury Prodan said upon the trilateral ministerial talks on gas. “According to the reached agreement, supplies of gas to Ukraine will restart /in November/ as soon as the first tranche for gas is transferred to Russia ($1.451 billion).

Ukraine' Energy Minister Yury Prodan also said, gas will cost $378 for 1,000 cubic meters till the yearend and $365 for 1,000 cubic meters till the end of next March. “The price is close to the market one,” Prodan said adding that “it will secure stable supplies of natural gas both to Ukraine and to Europe.

A signature of the European Commission (EC) under the three-party protocol “guarantees that all the sides will fulfil it,” Ukraine’s Energy Minister Yury Prodan said.“This was the first time in history that we have signed a legally binding three-party document,’ Prodan said. “EC signature under the trilateral document guarantees that all the sides will fulfil it.