What we know so far about Russia-Ukraine gas transit deal ...News

Economy by : (Russia Today) -
After multiple rounds of talks, Russia and Ukraine have finally hammered out an extension to the current gas agreement that is set to expire at the end of the year. While the agreement “in principle” was reached earlier this week, the sides revealed the key points on Saturday. Here are the details of the breakthrough deal.  Terms of agreement The new contract will ensure gas supplies to Europe for the next five years, and the deal might be further prolonged for another ten years. The deal stipulates the transit of 65 billion cubic meters of gas next year, and 40 billion cubic meters per year for the rest of the time, from 2021 through

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