icon bookmark-bicon bookmarkicon cameraicon checkicon chevron downicon chevron lefticon chevron righticon chevron upicon closeicon v-compressicon downloadicon editicon v-expandicon fbicon fileicon filtericon flag ruicon full chevron downicon full chevron lefticon full chevron righticon full chevron upicon gpicon insicon mailicon moveicon-musicicon mutedicon nomutedicon okicon v-pauseicon v-playicon searchicon shareicon sign inicon sign upicon stepbackicon stepforicon swipe downicon tagicon tagsicon tgicon trashicon twicon vkicon yticon wticon fm
29 Dec, 2009 13:42

Agreement reached on oil shipment through Ukraine

Agreement reached on oil shipment through Ukraine

Russia and Ukraine have finally signed an agreement on the transit of oil to Europe through Ukraine.

Under the deal, Russia will pay 30% more per ton of oil moved, according to Valentyn Zemlyanskiy from Ukrainian monopoly, Naftogaz.

"An agreement was reached last night, transit tariffs were increased 30%, with transit remaining at the 2009 level of]15 million metric tons of oil."

Previously Kiev had been concerned that volumes would fall. Settlement is also due to be switched from dollars to euro. The European Commission has welcomed the announcement of the deal.

Podcasts
0:00
26:13
0:00
24:57