Energy Headlines

European Commission President Jose Manuel Barroso says he got assurances from Ukraine President Viktor Yushchenko that he would not reopen a sensitive deal with Moscow that restarted flows of gas to EU countries last week.

Barroso held talks with Yushchenko at EU headquarters on Tuesday. The EU chief says the 27-nation bloc remains "very disappointed" over the Ukraine-Russia gas dispute, but he says it is no reason to stall efforts to forge closer EU-Ukraine ties.

Yushchenko says he is now seeking international investors to help upgrade and modernize Ukraine's energy network and pipelines so it can regain the trust of EU clients.

An investors meeting is planned for March 23 in Brussels.

Source: Kyivpost.com