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Gas transit deal ‘in principle’ appeases markets
Progress in the Berlin talks means a final agreement for the transit of gas between Russia and Ukraine may be reached in the coming days Progress in the Berlin talks means a final agreement for the transit of gas between Russia and Ukraine may be reached in the coming days.
20 December 2019
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The gas transit negotiations between Russia, Ukraine and the European Commission took a significant leap forward on Thursday as a 10-hour round of talks concluded with an agreement “in principle”, according to commission Vice President Maros Sefcovic.
This is “good news for the EU, for Russia, for Ukraine, for gas markets and for consumers”, Sefcovic said. The announcement saw gas prices on the Dutch TTF fall at the fastest rate since August; January gas futures opened on Friday down by 8.7% compared with Thursday's closing price,...
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