The European Union has welcomed an agreement between Russia and Ukraine to settle a bitter dispute over gas pricing which earlier this week hit gas supplies to Europe, Moscownews informed referring to Radio Free Europe/Radio Liberty.

EU Energy Commissioner Andris Piebalgs said the agreement was vital if Russia and Ukraine were to retain their position as “reliable and secure gas suppliers of Europe”.

He also said Europe must learn the lessons of the dispute and find alternative sources of energy.

“Europe needs a clear and more collective and cohesive policy of security of energy supply. Today the issue of security of energy supply is only really considered at the national member state level, but in reality we need a much greater, European-wide approach to this issue.”


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