Moscow & Kiev reach ‘agreement in principle’ on new gas transit deal

Russian and Ukrainian

Russian and Ukrainian delegations have reached a preliminary gas transit agreement after intense negotiations in Berlin as the current contract is set to expire at the end of the year.

“After these very intensive talks I am very glad to say that we reached an agreement in principle on all key elements, which I believe is very good and very positive news for Europe, for Russia, for Ukraine, for gas markets and for citizens in all countries,” European Commission Vice President Maros Sefcovic, who participated in the trilateral meeting, said during a news conference on Thursday.

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