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European Commission

Statement

Brussels, 30 May 2014

Statement after the trilateral meeting between the EU, Russia and Ukraine on energy security

On Friday (30 May) afternoon a trilateral meeting on energy security between EU Energy Commissioner Oettinger, Russian Energy Minister Novak and Ukrainian Energy Minister Prodan took place in Berlin. Further progress has been achieved. Naftogaz has proved that they have transferred 786 million USD from their account to a corresponding bank. However, given the patterns of the transfer the money has not yet been credited to the Gazprom account. The amount of 786 million USD covers the unpaid invoices for gas delivered in February and March. It is expected that the money will be credited to the Gazprom account by Monday morning. On the basis of that the parties agreed to come together for further discussions on Monday in Brussels. The aim is to find a solution on prices and payment schemes.


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