European Commission says Russia and Ukraine to meet in Brussels for gas talks
- Banks, telecoms lead Wall Street up; another Dow record
- Western Digital (WDC) Raises Q2 Outlook
- bluebird bio (BLUE) to Offer $200M of Common Stock
- Dave & Buster's Entertainment (PLAY) Tops Q3 EPS by 11c, Raises FY Revenue Guidance
- After-Hours Stock Movers 12/06: (PLAY) (ANTH) (WDC) Higher; (AVAV) (ESV) (BLUE) Lower (more...)
Russian Energy Minister Alexander Novak waits before a meeting of Russian President Vladimir Putin with Chinese Premier Li Keqiang at the Kremlin in Moscow, Russia, November 8, 2016. REUTERS/Sergei Karpukhin
Find out which companies are about to raise their dividend well before the news hits the Street with StreetInsider.com's Dividend Insider Elite. Sign-up for a FREE trial here.
MOSCOW (Reuters) - Russia and Ukraine are about to meet in Brussels with officials from the European Commission to discuss the resumption of gas supplies to Ukraine, halted after Moscow annexed the Crimean peninsula in 2014, the EU Commission Vice-President for Energy Union Maros Sefcovic said on Friday.
"A three-way meeting will take place in Brussels in the coming days," Sefcovic told a briefing after meeting in Moscow with Russian Energy Minister Alexander Novak, who supported the proposal.
The EU has been mediating the gas supply talks between Moscow and Kiev.
Last week Russian President Vladimir Putin warned German Chancellor Angela Merkel of the risk of Ukraine siphoning off Russian gas destined for Europe.
Novak also said that Russia was ready to resume gas supplies to Ukraine if Kiev pays upfront for the fuel.
Cash-strapped Ukraine has already bought gas from other countries, such as Slovakia, Poland and Hungary, and Sefcovic said a deal was close to being reached to provide Ukraine with $500 million of funding from the World Bank to pay for gas supplies.
(Reporting by Olesya Astakhova; Writing by Andrey Ostroukh and Vladimir Soldatkin; Editing by Maria Kiselyova, Greg Mahlich)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- South Sudan deports AP journalist, agency says it is over his reporting
- Foxconn says in preliminary discussions to expand U.S. operations
- Cambodia opposition leader returns to parliament after royal pardon