ITAR-TASS: Russia to seek gas compromise with Kiev but debt has to be repaid - Medvedev

Russian Prime Minister Dmitry Medvedev instructed Energy Minister Alexander Novak on Monday to continue gas talks with Ukraine.

“We certainly need to continue searching for compromises based on the understanding that debts have to be repaid but terms for Ukraine in this situation should be quite acceptable and this is what your meeting with the participation of the European Commission is now aimed at,” the Russian premier said.

Russia’s readiness to supply natural gas to Ukraine at $385 per 1,000 cubic meters (cu m) “is our historical position, which is rather favorable for Ukraine as we believe,” Medvedev said.

Gas talks between Russia and Ukraine with the EU’s mediation at present have “quite a positive effect,” the Russian premier said. “That is why, I request you to continue these negotiations,” Medvedev said.
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