MOSCOW/KIEV (Reuters) – Russia and Ukraine announced terms of a new gas transit deal on Saturday, under which Moscow will supply Europe for at least another five years via its former Soviet neighbour and which will a $2.9 billion payment to Kiev to end a legal row. The deal is a major breakthrough for the both countries which have seeking to resolve their disputes over Ukraine’s eastern Donbass region and the Crimea peninsula, which Russia annexed in 2014. Under the new agreement, Russia’s Gazprom, which supplies over a third of Europe’s gas needs, would used an agent to …read more
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