Russian and Ukrainian gas companies say they have finalised a slew of contracts ensuring uninterrupted transit of Russian natural gas to Europe.
Ukraine's President Volodymyr Zelenskiy hailed the agreements that were signed late Monday, saying they will allow Ukraine to get at least USD7 billion in transit payments from Russia over the next five years.
Zelenskiy said on Facebook the documents ensured Ukraine's "energy security and well-being" and let "Europe know that we won't fail it when it comes to energy security."
Naftogaz CEO Andriy Kobolyev hailed the agreements as a compromise ensuring that Ukraine's gas transport network will operate without loss over the next five years and "demonstrated Ukraine's reliability as a transit partner for the EU."