Ukrainian President Volodymyr Zelensky said that a contract was signed for the transit of Russian gas to Europe from Russia through the territory of Ukraine for five years.

"This is the end of the year, but not the end of our achievements. Ukraine has signed a gas transit contract for five years, during which we will receive at least over $7 billion. The parties can extend the contract for another ten years," wrote Zelensky on his Facebook page.

"The Ukrainian gas transit system will be given …

Russian Deputy Prime Minister Dmitry Kozak said on Vesti Nedeli program on Russia-1 TV channel that Gazprom's $2.9 billion payment to Naftogaz of Ukraine was a difficult decision for the Russian side.

"There was a choice between bad and worse. But all of us together, we can lose much more, unprecedented amounts," said Kozak as quoted by TASS.

In mid-December, Gazprom and Naftogaz agreed on the terms and volumes of Russian gas transit to Europe. The parties also agreed to give up mutual claims. …

William Taylor, Chargé d’Affaires of the US Embassy in Kyiv, said that “serious American” companies are investigating the possibility of buying the Ukrainian aerospace company Motor Sich, KyivPost reports.

“There are several serious American and other companies interested in Motor Sich. They’re doing legal due diligence, looking at financial reports, visiting the plant, and talking to the owners. They’re doing a serious analysis,” Taylor told a number of Ukrainian media outlets.

Taylor did …