Gennady Shmal:"Russia and Ukraine have found a sensible solution of the gas supply problem"

Tuesday, March 2, 2021

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Russia and Ukraine have found a sensible solution of the gas supply problem, the president of the Russian Oil and Gas Producers Union, Gennady Shmal has told Itar-Tass in an interview. "The common sense has gained the upper hand. Russia's proposals have fallen on Kiev's attentive ears," Shmal said. He expressed satisfaction "the realistically-minded politicians in the Ukrainian government have realised they need no confrontation with Russia." Shmal speculated gas prices may oscillate in the near future, but the current general trend will remain and the gas price will average precisely 230 dollars per 1,000 cubic meters." The oil and gas producers union chief also said that the signing of this contract meets the interests of Ukraine itself, because it re-exports part of Russian gas."