26 August 2014

Positive outcome of Gas related talks between EU and Russia in Minsk?

Based on indirect evidence (from 12 pm European time Index prices are at steady increase) talks in Minsk between the EU and Russia are in a positive phase. Most likely, Putin and Ashton agreed for unimpeded transit of gas through Ukraine to Europe under the guarantees of Ukraine.

It is possible that an agreement on gas supplies to Ukraine at the reduced price has been reached as well, but this price is not likely to be made ​​public and will remain confidential.

As for the war in the south-east of Ukraine, any positive results shouldn’t be expected, since the continuation of the war are primary interest of United States.