Daily Mirror (Sri Lanka)

EU will ‘play its role’ to support Ukraine-Russia gas deal

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AFP - The European Union will “fully play its role” to implement the gas deal signed by Ukraine and Russia on Thursday, the French and German leaders said in a joint statement.

Francois Hollande and Angela Merkel said they had spoken with Russian President Vladimir Putin and his Ukrainian counterpar­t Petro Poroshenko earlier i n t he evening, and all four “have welcomed the conclusion of negotiatio­ns on the delivery of Russian gas to Ukraine, achieved thanks to the mediation of the European Union”.

“The president of the Republic and the German chancellor have stated that the EU will fully play its role in associatio­n with its partners (the United States, the G7, IMF) to facilitate the implementa­tion of the agreement,” the statement from t he French presidency said. Russia, Ukraine and the EU signed a provisiona­l deal in Brussels on Thursday on the delivery of Russian gas to Ukraine, and on to other parts of Europe, over the winter.

Hollande and Merkel also stressed the need to implement a ceasefire agreement signed in Minsk on September 5 and “hoped for the resumption of national dialogue between the Ukraine authoritie­s and the separatist­s”. Fighting has continued in eastern Ukraine despite the ceasefire, claiming the lives of 160 Ukrainian troops.

The gas deal followed two days of i ntense negotiatio­n on resuming supplies, which Russia halted in June.

EU Energy Commission­er Guenther Oettinger said the terms of t he agreement confirmed the tentative outlines of one he reached earlier in the month whereby Ukraine would pay $3.1 billion by the end of the year to settle a large portion of its outstandin­g bills to Russia. In return, Russia agreed a base reference price for deliveries through to March 2015 of $385 (302 euros) per 1,000 cubic metres, a discount of about 100 dollars.

 ??  ?? RUSSIAN ENERGY MINISTER ALEXANDER NOVAK (L) SHAKES HANDS WITH EU ENERGY COMMISSION­ER GUNTHER OETTINGER (C) AFTER SIGNING THE AGREEMENT AT THE EUROPEAN UNION COMMISSION HEADQUARTE­RS IN BRUSSELS
RUSSIAN ENERGY MINISTER ALEXANDER NOVAK (L) SHAKES HANDS WITH EU ENERGY COMMISSION­ER GUNTHER OETTINGER (C) AFTER SIGNING THE AGREEMENT AT THE EUROPEAN UNION COMMISSION HEADQUARTE­RS IN BRUSSELS

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