This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/news/business-29842505
The article has changed 6 times. There is an RSS feed of changes available.
| Version 1 | Version 2 |
|---|---|
| Russia and Ukraine agree gas supply deal | Russia and Ukraine agree gas supply deal |
| (35 minutes later) | |
| Russia has agreed to resume gas supplies to Ukraine over the winter in a deal brokered by the European Union. | Russia has agreed to resume gas supplies to Ukraine over the winter in a deal brokered by the European Union. |
| The deal will also ensure gas supplies to EU countries via Ukraine are secure. | |
| "There is now no reason for people in Europe to stay cold this winter,'' said European Commission President Jose Manuel Barroso. | |
| European Union energy chief Guenther Oettinger said he was confident that Ukraine would be able to afford to pay for the gas it needed. | |
| He added that the agreement might be the "first glimmer" of hope in easing tensions between Russian and Ukraine. | |
| The deal follows months of talks between EU officials and the Russian and Ukrainian energy ministers. | The deal follows months of talks between EU officials and the Russian and Ukrainian energy ministers. |
| The terms are expected to include EU money to help Ukraine pay off its debts to Russia's gas giant Gazprom. | The terms are expected to include EU money to help Ukraine pay off its debts to Russia's gas giant Gazprom. |
| Gas supplies were halted over late payments when Russia scrapped subsidies given to Ukraine for importing gas, meaning the price paid by Ukraine rose sharply. | Gas supplies were halted over late payments when Russia scrapped subsidies given to Ukraine for importing gas, meaning the price paid by Ukraine rose sharply. |
| However, the backdrop to the row is Russia's conflict with Ukraine and Western sanctions on Moscow. | However, the backdrop to the row is Russia's conflict with Ukraine and Western sanctions on Moscow. |
| Although the impact of the gas ban has been relatively small, it was feared that the onset of winter made the need for a deal more urgent. | Although the impact of the gas ban has been relatively small, it was feared that the onset of winter made the need for a deal more urgent. |
| Ukraine has relied on Russia for around 50% of its gas. Despite storage facilities Ukraine has a winter shortfall of around 3 billion to 4 billion cubic metres of gas, analysts say. | Ukraine has relied on Russia for around 50% of its gas. Despite storage facilities Ukraine has a winter shortfall of around 3 billion to 4 billion cubic metres of gas, analysts say. |
| Russia provides around a third of the European Union's gas, about half of which is pumped via Ukraine. | Russia provides around a third of the European Union's gas, about half of which is pumped via Ukraine. |