Intensive discussions led to a bilateral meeting between the CEOs of Russian gas giant Gazprom and Ukraine's national gas company Naftogaz Ukrainy who discussed key commercial issues for a settlement of the ongoing gas supply questions, the European Commission said in a statement following the trilateral energy meeting between the EU, Russia and Ukraine on June 2.
“Real progress has been made… The CEOs of Gazprom and Naftogaz have developed an approach in which both companies will further consult and continue talks in the next days,” the EC said in its statement.
Following receipt of payment of $786 million by Gazprom from Naftogaz, a trilateral meeting on energy security between EU Energy Commissioner Gunther Oettinger, Russian Energy Minister Alexander Novak and Ukrainian Energy Minister Yuriy Prodan took place in Brussels on June 2, the commission said.
According to the commission, it was agreed that as long as these talks are ongoing there will be no interruption of delivery; there will be no prepayment for gas deliveries for June; and no party will go to Stockholm for arbitration.
