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Gazprom CEO: No gas agreement to be signed until Ukraine, EU agree on financial guarantees

October 30, 2014, 6:44 UTC+3
Three documents had been prepared for signing at the tripartite gas talks between Russia, Ukraine and the European Union
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 Gazprom CEO Alexei Miller

Gazprom CEO Alexei Miller

© ITAR-TASS/EPA/BERND VON JUTRCZENKA

BRUSSELS, October 30. /TASS/. No gas agreements will be signed until “Ukraine and the European Union reach an agreement on financial guarantees,” Alexei Miller, the CEO of Russia’s gas giant Gazprom, said after the first round of tripartite gas talks.

He said three documents had been prepared for signing at the tripartite gas talks between Russia, Ukraine and the European Union. According to Miller, these documents are two protocols: a protocol in a trilateral format between Russia, Ukraine and the European Commission and a bilateral protocol between the European Commission and Ukraine.

“Everything concerning financial issues, concerning guarantees the European Commission is to issue to Ukraine, these liabilities will be committed to paper in a bilateral protocol,” he said. “As for out trilateral protocol, all principal provisions of this trilateral document have been agreed. A technical supplement to the contract between Gazprom and Naftogaz has also been agreed.”

“Today, the talks ended with the sides taking a break till tomorrow. But the meeting, the talks will take place only in case the Ukrainian side and the European Commission reach an agreement on that bilateral protocol,” Miller said. “If there is no such agreement, naturally, there will be no meetings, no talks tomorrow and no documents will be signed. If Ukraine and the European Commission ultimately reach an agreement, hence, these three document might be signed tomorrow - two protocols and a supplement to the contract between Gazprom and Naftogaz. Everything that concerns our documents where Russia is the side, where Gazprom is the side, all these issues have by now been agreed.

Infographics Russia’s and Ukraine’s  stance in gas dispute Russia’s and Ukraine’s stance in gas dispute
Russia and Ukraine strive to agree on gas price, but still without success. Infographics by TASS

 

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