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BRUSSELS Fredy Guarin Colombia Jersey , Oct. 30 (Xinhua) -- The European Union (EU) on Thursday said that trilateral talks on Ukraine gas issue has reached an agreement.


According to EU officials, the trilateral gas talks among Ukraine, Russia and the EU has been concluded with an agreement to sign contract to guarantee Russian gas deliveries to Ukraine through March 2015.


Speaking at a press conference, European Commission President Jose Manuel Barroso and Energy Commissioner Gunther Oettinger expressed welcome over such agreement.


Barroso called the agreement enabling continued gas supplies as best way to end his mandate as President of the European Commission, saying it is an important step for shared energy security on European continent.


"No reason now for people in Europe to stay cold this winter," Barroso said.


Oettinger also said citizens of Europe will get guarantee of gas supply this winter.


From the talks Frank Fabra Colombia Jersey , Ukraine gained a discount price of 378 U.S. dollars per 1,000 cubic meters by the year end and is about to pay 1.45 billion U. S. dollars of gas debt immediately.


According to Oettinger,Ukraine will use EU and IMF aid to pay for Russian gas.


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Russian position unchanged at trilateral gas talks


MOSCOW, Oct. 30 (Xinhua) -- Moscow's position at the trilateral gas talks between Russia, Ukraine and the European Union in Brussels remains unchanged, the Energy Ministry said in a statement Thursday.


"The price of Russian gas for the 'winter package' (period from November 1 Felipe Aguilar Colombia Jersey , 2014 until March 31, 2015) for Ukraine will be established in accordance with the existing contract, taking into account the discount of 100 U.S. dollars per 1,000 cubic meters," the statement said. Full story


Ukrainian economy contracts annualized 5.1 pct in Q3


KIEV, Oct. 30 (Xinhua) -- The Ukrainian economy shrank