EUROASIA: Ukraine Presses for 25-Yr Contract with Gazprom


Ukraine and Russia are negotiating the contract for 25 years to 30 years, Ukrainian Prime Minister Yulia Tymoshenko said, when commenting on Moscow gas talks of February 20 to 21.

We have talked over strategic agreements that should emerge between NAK Neftegaz and Gazprom or Gazprom subsidiaries for 25 years to 30 years without establishing any additional intermediaries, Tymoshenko said, specifying that the disappearance of intermediaries won’t result in any negative fluctuations in the gas prices in Ukraine.

According to Tymoshenko, the delegation of Neftegaz Ukrainy will soon proceed with the gas talks in Moscow. In a few days, Tymoshenko said, the delegation of NAK Neftegaz will go to Russia with draft contracts. Ukraine will be sticking to the line that gives it a feeling of energy safety, the prime minister specified.

Thanks to the involvement of Russia’s President Vladimir Putin and Ukraine’s President Viktor Yushchenko, Gazprom and Neftegaz Ukrainy sorted out another gas conflict February 12, 2008. That time, the clashes rooted in gas arrears of Ukraine - Neftegaz Ukrainy owed $1,450 million to Gazprom for consumed gas as of February 1, 2007.



Source: Kommersant

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