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Gas deal done.

Russian and Ukrainian natural gas companies have agreed to resume gas shipments to Ukraine under a complex price scheme.

The heads of the two state-controlled companies Gazprom and Naftogaz announced the conclusion of a five-year contract today.

Gazprom chief Alexei Miller said: "The talks ended successfully for Gazprom and we are completely satisfied."

The deal signals an end to the furious dispute which had engulfed not only the two companies but the Russian and Ukrainian governments and threatened long-term repercussions in Europe.
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Publication:Evening Chronicle (Newcastle, England)
Geographic Code:4EXRU
Date:Jan 4, 2006
Words:82
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