Ukraine plans to break Gazprom’s monopoly

| March 13, 2012 | 0 Comments

Ukraine wants to purchase three million cubic meters of gas from RWE per day, Ukraine’s Zerkalo Nedeli weekly reported.

“NaftogazUkraine plans to sign a short-term contract with Germany’s RWE to deliver spot gas, bought in Europe, through Slovak pipelines to Ukraine. The signing is likely to happen in the nearest future,” says the report on the newspaper’s website.

According to the draft contract seen by Zerkalo Nedeli and to comments by specialists, the agreement is seen as “balanced” and unlike similar deals with Russia, it does not contain “excessive” conditions.

The newspaper also reported that Ukraine held talks with Turkey and Bulgaria to deliver liquefied natural gas from Turkish storage facilities through the Bulgarian gas transportation system.

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Category: BUSINESS