Bloomberg: Ukraine Agrees With Gazprom on Ensuring EU-Bound Gas Transit

Ukraine’s NAK Naftogaz Ukrainy and OAO Gazprom have come to a “mutual understanding” on how to ensure the stable transit of natural gas to European customers, according to Ukraine’s Deputy Prime Minister Yuriy Boyko.

A “viable” plan for avoiding transit “problems” during the cold winter months was worked out at a meeting between Naftogaz and Gazprom officials, Boyko said late yesterday in televised remarks on Channel 5.

The meeting was held during Ukrainian Prime Minister Mykola Azarov’s meeting with Russian counterpart Dmitry Medvedev in Sochi on July 12.  MORE