MOSCOW/KYIV – Russia and Ukraine announced terms of a new gas transit deal on Dec. 21, under which Moscow will supply Europe for at least another five years via its former Soviet neighbour and pay a $2.9 billion settlement to Kyiv to end a legal dispute.
Ukraine's Energy Challenge
Reuters: Russia, Ukraine outline terms for 5-year gas transit deal to end row
Ukraine's energy minister Oleksiy Orzhel (L) and Ukraine's state-run energy company Naftogaz CEO Yuriy Vitrenko (R) attend a press conference in Kyiv on Dec. 21, 2019.
