Vladimir Putin: We would like to brief you that during the talks it has been agreed that Russia and Ukraine are adopting the European price formula in the trade in natural gas. We have agreed that in 2009 the Ukrainian partners will be granted a 20% discount on condition that the preferential 2008 tariff for pumping Russian gas to European consumers through the territory of Ukraine will be preserved in 2009. At the same time we have also agreed that as of January 1, 2010 we will switch entirely to European standards of pricing and pumping tariffs without any exemptions and discounts either for transit or for the gas price.
Yulia Tymoshenko: The talks were indeed very difficult, but we have reached an understanding that enables us to sign all the contract documents. We have instructed the head of Naftogaz and Mr.Putin has instructed Gazprom to prepare several documents as agreed during these talks today before Monday. Immediately after the signing of all the documents on gas transit and the purchase of gas all the flows of transit gas to Europe, all the gas supplies to Europe will be restored. I think it has been a fairly fruitful day and today's summit has yielded results and all the mutual understandings have been achieved.
Vladimir Putin: Transit will be restored shortly, as the Ukrainian side has assured us.
Statements by Russian Prime Minister Vladimir Putin and Ukrainian Prime Minister Yulia Tymoshenko on the results of their talks.
Russia,Ukraine agree to resume gas flow.
The Russian and Ukrainian prime ministers have struck a deal at talks in Moscow to resume Russian natural gas exports to Europe via Ukraine shortly.
Vladimir Putin and Yulia Tymoshenko emerged to brief reporters, ending a day of delicate talks.
Under the deal, Ukraine will start paying for Russian gas at the much-higher European prices from next year.
