Financial Times FT.com

Moscow and Kiev strike fresh deal on gas

By Isabel Gorst in Moscow, Roman Olearchyk in Kiev and Joshua Chaffin in Brussels

Published: January 18 2009 09:52 | Last updated: January 18 2009 18:41

Russia and Ukraine on Sunday said that a resumption of gas supplies to Europe was imminent after they agreed the outline of a gas supply deal for this year.

The agreement, struck by Vladimir Putin, the Russian prime minister, and Yulia Tymoshenko, his Ukrainian counterpart, calls for both sides to compromise on gas prices and transit tariffs, ending a bitter dispute that has caused severe gas supply disruptions in Europe for 12 days.

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