BREAKING NEWS

Gazprom proposes one-year gas deal with Ukraine

Gazprom proposes one-year gas deal with Ukraine
FILE PHOTO: The logo of Russian gas giant Gazprom is seen on a board at the St. Petersburg International Economic Forum, Russia, June 6, 2019. REUTERS/Maxim Shemetov -
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Maxim Shemetov(Reuters)
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MOSCOW (Reuters) – Gazprom <GAZP.MM> has sent a formal letter to Ukraine proposing either to extend a current gas deal or sign a new one-year agreement, the Russian gas exporter said on Monday .

It also said that it had offered to drop legal claims and counter-claims by both Ukraine and Russia as a pre-condition for the deal.

The current deal on Russian gas supplies to Ukraine and its transit via the country to Europe expires on Dec. 31.

(Reporting by Vladimir Soldatkin; editing by Jason Neely)

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