Agreement reached between Russia and Ukraine on the issue of debt accumulated from Kiev towards the Russian gas giant Gazprom. The annucio of 'agreement move has been given by Russian President Vladimir Putin and then confirmed by President Victor Yuschenko del'Ucraina. Russia had declared an ultimatum to Ukraine, which provided the cut of one quarter the supply of natural gas from Russian monopoly Gazprom had they not done so to pay off the debt of 1.5 billion euros. The gas comes from Russia in Ukraine is then supplied to Western Europe, as well as being distributed in the former Soviet state, and if Russia decides to cut supply will have inevitable consequences in Italy. Putin, the meeting had with the Ukrainian presidentre an hour before the end of the 'ultimatum, said "European energy security à ¨ in the hands of' Ukraine and the full achievement of the 'agreement not only in the interests of ¨ our countries "and added" This is a significant factor in ensuring energy security of 'Europe'. The Ukrainian president, Yushchenko has promised to strengthen the accumulated debt and the first payments will be made from this Thursday ¬. The agreement, which will be ratified in the coming days, provides, inter alia, a joint venture between Gazprom and Naftograz, the Ukrainian energy company for the import of gas and oil which effectively exclude the two interim marketing of methane, the RosUkrEnergo and UkrGasEnergo, accepting cosà ¬ requests Kiev.
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