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Russia 'to resume gas supplies' | Russia 'to resume gas supplies' |
(40 minutes later) | |
Russia will resume pumping gas to third countries via Ukraine from Tuesday morning, following the completion of a monitoring deal, the EU says. | Russia will resume pumping gas to third countries via Ukraine from Tuesday morning, following the completion of a monitoring deal, the EU says. |
The Czech presidency of the EU made the announcement following the signing of a deal by Russia, Ukraine and the EU. | The Czech presidency of the EU made the announcement following the signing of a deal by Russia, Ukraine and the EU. |
Hundreds of thousands of people in Europe have been left without gas since Russia turned off the taps over a contractual dispute with Ukraine. | Hundreds of thousands of people in Europe have been left without gas since Russia turned off the taps over a contractual dispute with Ukraine. |
Despite the deal, it may be some time before supplies return to normal. | Despite the deal, it may be some time before supplies return to normal. |
BBC Europe Business Reporter Ben Shore says that in theory supplies could return to normal within 24 hours but a more likely time frame is 36 to 48 hours. | BBC Europe Business Reporter Ben Shore says that in theory supplies could return to normal within 24 hours but a more likely time frame is 36 to 48 hours. |
The news of a deal will come as a relief for countries such as Serbia and Bulgaria which rely almost entirely on Russian gas, delivered through Ukraine, to heat their homes, our correspondent says. | The news of a deal will come as a relief for countries such as Serbia and Bulgaria which rely almost entirely on Russian gas, delivered through Ukraine, to heat their homes, our correspondent says. |
However, the row between Ukraine and Russia has further underlined the vulnerability of Europe's gas supply, he says. | However, the row between Ukraine and Russia has further underlined the vulnerability of Europe's gas supply, he says. |
International monitors | |
Alexander Medvedev, deputy chief executive of Russian gas giant Gazprom, told a news conference in Brussels: "If there are no obstacles... gas supplies will be restarted at 8 o'clock [0700 GMT]. | Alexander Medvedev, deputy chief executive of Russian gas giant Gazprom, told a news conference in Brussels: "If there are no obstacles... gas supplies will be restarted at 8 o'clock [0700 GMT]. |
"[We] will all hope it will happen tomorrow." | "[We] will all hope it will happen tomorrow." |
Under the gas transit deal signed on Monday, international pipeline monitors will verify the flow of Russian gas through Ukraine. | |
Earlier, Russian President Dmitry Medvedev emphasised that Russian gas to Europe via Ukraine would flow only when monitors were in place and a transit deal had been signed by all parties. | |
Russia cut gas supplies to Ukraine over a week ago after a long-standing row over pricing and allegedly unpaid bills. | |
Ukraine has denied Russian claims that it has been siphoning off gas passing through export pipelines on its territory. |