EU, Ukraine, Russia to hold gas price talks - 13 WTHR Indianapolis

EU, Ukraine, Russia to hold gas price talks

Updated:

The European Union energy commissioner says the bloc will hold gas price talks this month with Russia and Ukraine in an effort to avoid the disruption of deliveries.

Guenther Oettinger said Friday in Warsaw that common ground must be found in Russia's dispute with Ukraine. Moscow has significantly raised the price of gas for Ukraine and threatened to limit deliveries if Kiev does not repay a debt of $3.5 billion and pay the new, higher prices.

Oettinger spoke after talking with Ukraine's and Russia's energy ministers, Yuri Prodan and Alexander Novak.

He said further talks will be held in mid-May and at the end of May, in which the 28-country EU will mediate with the aim of establishing a just gas price.

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