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Russia, Ukraine finalize deals for gas transit to Europe
Moscow ships 40% of its production through Ukrainian pipelines
31 December, 13:57
(ANSA-AP) - MOSCOW, 31 DEC - Russian and Ukrainian gas
companies say they have finalized a slew of contracts ensuring
uninterrupted transit of Russian natural gas to Europe.
Ukraine's President Volodymyr Zelenskiy hailed the agreements that were signed late Monday, saying they will allow Ukraine to get at least $7 billion in transit payments from Russia over the next five years. Zelenskiy said on Facebook the documents ensured Ukraine's "energy security and well-being" and let "Europe know that we won't fail it when it comes to energy security." The deal that comes just 24 hours before the current transit contract expires on Tuesday will ease European fears of an interruption in Russian gas supplies. Russia ships about 40 percent of its European gas deliveries through pipelines that cross Ukraine. (ANSA-AP).
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Ukraine's President Volodymyr Zelenskiy hailed the agreements that were signed late Monday, saying they will allow Ukraine to get at least $7 billion in transit payments from Russia over the next five years. Zelenskiy said on Facebook the documents ensured Ukraine's "energy security and well-being" and let "Europe know that we won't fail it when it comes to energy security." The deal that comes just 24 hours before the current transit contract expires on Tuesday will ease European fears of an interruption in Russian gas supplies. Russia ships about 40 percent of its European gas deliveries through pipelines that cross Ukraine. (ANSA-AP).
