News World Russia urges compromise on gas dispute with Ukraine

Russia urges compromise on gas dispute with Ukraine

Moscow: Russian Prime Minister Dmitry Medvedev has said that Moscow and Ukraine should continue for a compromise over the gas dispute.Search for compromises must be continued, and therefore contacts must go on, Medvedev said Monday

russia urges compromise on gas dispute with ukraine russia urges compromise on gas dispute with ukraine

Moscow: Russian Prime Minister Dmitry Medvedev has said that Moscow and Ukraine should continue for a compromise over the gas dispute.

Search for compromises must be continued, and therefore contacts must go on, Medvedev said Monday during a meeting with economy and energy ministers, Xinhua reported.

Taking Ukraine's economic situation into consideration, Russia has to put forward "acceptable" proposals, Medvedev said.

Russia offers Ukraine a "favourable" 20 percent discount of the contract price of $485 per 1,000 cubic metres of natural gas, Medvedev said, which is only valid for six winter months.

Ukraine and Russia have been embroiled in a stand-off on gas pricing for a few months.

In June, Russia cut all gas supplies to Ukraine as the two sides failed to reach an agreement on payments.

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