Eurogas President: The dispute between Russia and Ukraine on the gas fee should be decided on a commercial level.

The dispute between Russia and Ukraine on the gas price should be decided on a commercial rather than a political level, Jean- Francois Cirelli, the President of the European Gas Industry Union (Eurogas), stated at the IX International Conference "The Russia-EU Energy Dialogue. on Gas".

"The European companies will be more stable because of the third energy package, - Jean- Francois Cirelli states, - especially now that it is possible to increase the amount of gas in the storage facilities". In the recent years, the companies are heading the way of gas replacement by other resources, but they are more expensive, the speaker stated. He added that Russia continued to supply gas to Europe for 35 years, and the Europeans do not count on the opposite now. "We look forward to continued cooperation with Russia on gas supplies", - the President of the European Gas Industry Union stated.