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Gazprom awaiting new Ukraine government before starting gas transit talks

From reuters.com

Russian state gas giant Gazprom is awaiting the formation of a new Ukrainian government before starting talks with Kiev about the transit of Russian gas across Ukraine to Europe, a senior company official said on Tuesday.More than a third of Russia’s gas exports to the European Union cross Ukraine, providing Kiev with valuable income. The current deal between Moscow on gas supplies and transit expires after Dec. 31 this year. Europe, where Gazprom’s gas market share is over 36%, is closely following the gas talks between Moscow and Kiev. “We understand that there is quite a difficult political situation in Ukraine ... (full story)

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