: Ukraine to buy all gas in EU if Gazprom fails to sign additional deal - Naftogaz CEO

17:34 Jul. 7, 2016

Ukraine to buy all gas in EU if Gazprom fails to sign additional deal - Naftogaz CEO

Naftogaz CEO Andriy Kobolev speaks during a news conference in Kyiv, Ukraine, June 13, 2014 (AP Photo)

Naftogaz Ukrainy continues negotiations with Russia's Gazprom on the possibility of buying gas in the third quarter of 2016

Ukraine can buy all natural gas required for pumping into the underground storage facilities from the European companies if the Russian gas monopoly Gazprom does not sign an additional agreement to the contract for the purchase of gas from 2009, Naftogaz CEO Andriy Kobolev said during a press conference.

"As of today, Gazprom has not signed an additional agreement, which would give us the ability to import Russian natural gas in the third quarter," Kobolev said.

Read also Russia reveals price of gas for Ukraine in Q3 2016 

At the same time, he stressed that in such conditions, Ukraine could fully cover its fuel demand with imports from the EU.

Kobolev also said that the purchase of gas from Gazprom would depend on the attractiveness of price offers from this company.

Reporting by UNIAN

comments powered by Disqus

RELATED NEWS

Business11:44 Dec. 6, 2016
EU spells out its stance on wood export ban
Business19:08 Nov. 29, 2016
Three reasons to invest in Poland to reach the EU market
Business16:49 Nov. 25, 2016
EBRD willing to take stake in Ukraine's largest state bank
Business15:36 Nov. 24, 2016
Ukraine-IMF cooperation is at risk
Business12:01 Nov. 24, 2016
How Dutch business benefits from EU-Ukraine deal
Ukraine Today WEEKLY DIGEST
Subscribe to receive regular email updates about Ukraine and Eastern Europe
vk154998