EU HOPEFUL OF GAS DEAL BETWEEN UKRAINE AND RUSSIA (STA BREAKING NEWS and ARCHIVES)

by STANews , Friday, September 26, 2014, 12:20

The EU's energy commissioner is hopeful of a deal between Ukraine and Russia to end their dispute over gas deliveries after three-way talks in Berlin.

Guenther Oettinger outlined a plan which would see Russia supply Ukraine over the winter and into the spring.

Ukraine would pay Russia $2bn (£1.2bn) of its gas debt by the end of October and another $1.1bn by the year's end.

The talks will continue next week. Russia halted supplies in June over Ukraine's unpaid debts.

Relations had soured after the overthrow of Ukraine's pro-Russian President, Viktor Yanukovych, in February and Russia's subsequent support for separatists in Crimea and other Ukrainian regions.

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