Energy and Coal Industry Minister of Ukraine Volodymyr Demchyshyn has said he favors trilateral gas talks with Russia in a long-term outlook.

"The agreement somehow or other will be signed as we did it before. Because this is important to have an opportunity to bid for the better price," he told the journalists after the sitting of the Cabinet of Ministers on Wednesday.

According to Demchyshyn, a presence of such agreement influences Ukraine's purchases of natural gas in Europe.

"Because the Europeans understand how much we buy and what is a price and respond respectively," he said.