EU-Ukraine-Russia trilateral gas talks could resume late Oct – Šefčovič.

Censor.NET reports citing Interfax.

"We have agreed that there will be an inter-ministerial consultation with the two companies [NY and Russia's Gazprom] participating to hammer out the remaining interlinked issues. We would resume our meeting at the political level by the end of October when I hope, we will have more progress achieved on the remaining issues," he said at a press conference in Brussels after the third round of the trilateral gas talks on Thursday.

According to him, it is necessary that the case is organized with a good chronology, and it is necessary that the Ukrainians do a good job of transmitting European rules and unbundling of the gas transportation system.

The EU also explained to the Russian side that, from a legal point of view, the extension of the current contract will not be possible, because there will be other counterparties, and Naftogaz will no longer exist from January 1. The current contract does not comply with the rules of the EU, he said. New solutions should be found, Šefčovič said.

Read more: Zelenskyi, Kobolyev discuss energy cooperation with US

He said that the duration of a future contract is important for investment into the Ukrainian transit system.

"To conclude, there was a good atmosphere and constructive spirit today that, I believe, creates a necessary precondition for the next round of trilateral gas talks and for having everything settled before the end of this year," he said.

Related news

Ukraine expects first IMF tranche of $1.9 bln on June 5-6, $1.6 bln in autumn, $1.5 bln next year – Shmyhal

Prime Minister of Ukraine Denys Shmyhal notes that Ukraine expects the IMF Executive Board to approve the first tranche of the agreed Stand-By Arrangement for the next 18 months on June 5.

Ukraine's hryvnia strengthens to UAH 26.87 to U.S. dollar on June 1

The official forex rate against the euro for Monday is fixed at UAH 29.93 per euro.

U.S. businesses in Hong Kong mark ‘sad day’ as Trump says city’s special status is over

"We will take action to revoke Hong Kong's preferential treatment as a separate customs and travel territory from the rest of China," Trump said.

1 1

Ukraine's debt-to-GDP ratio decreases to about 55.8% in April

The amount of debt per capita (resident population) is approximately US$1,959.

Alberta outfitters decimated by COVID-19 restrictions, cost tourism industry billions.

Tourism around the world has been hit hard by COVID-19 and Alberta is no exception. However, certain segments of the industry, like outfitters, who which rely on international visitors, are struggling even more.

2 51

By continuing to browse World News (UAZMI), you acknowledge that you have read the Terms of Use and agree to the use of cookies