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At a meeting on deliveries of Russian gas to Ukraine Vladimir Putin suggested granting Ukraine a loan to complete the transition to a market-based regime for gas payments. The loan will be given under market conditions but with as favourable a rate as possible and guaranteed by American or European international banks.

The President emphasized that only cooperating within a market-based regime will permit normal good relations between our countries in the future.

From his side, head of Naftogaz of Ukraine Alexei Ivchenko assured Vladimir Putin that Naftogaz will rigorously fulfil the conditions of the contract with Gazprom concerning the transit of Russian gas to Europe.