(QHA) -

The leaders of France and Germany have urged Russian President Vladimir Putin to resume negotiations with Ukraine on gas supplies.

In a three-way phone call on June 19 , German Chancellor Angela Merkel and French President Francois Hollande "underlined the importance of securing a rapid end to the fighting in east Ukraine, so as to stabilize the security situation and create the conditions for a genuine de-escalation," reads the statement from Hollande's office.

The Kremlin press service said the three leaders also discussed the potential consequences for Europe's energy security and economy due to the failed negotiations with Kyiv on settling Ukraine's debt to Gazprom.

To recall, gas negotiations between Ukraine and Russia failed earlier this week. Russia completely cut off gas supplies to Ukraine on June 16, raising fears in Europe that there could be a disruption in supplies of Russian gas to EU countries.