Business
oil and gasUkraine planning to buy up to 1.5 bcm of gas from Russia in 2014, up to 1 bcm by April 2015 - Prodan
Ukraine's national oil and gas company Naftogaz Ukrainy is planning to buy up to 1.5 billion cubic meters (bcm) of gas from Russia's Gazprom by the end of this year and up to 1 bcm in the first quarter of 2015, Ukrainian Energy and Coal Industry Minister Yuriy Prodan said.
"Our preliminary plans are to buy up to 1.5 billion cubic meters of gas by the end of the year, and depending on the weather, up to 1 bcm next [year]," he said in an interview with the New Times (Novoye Vremya) published on Friday.
Prodan has previously stated that Ukraine did not currently have a need for Russian gas since the country had the necessary reserves. He added that these reserves could cover peak consumption in Ukraine if there is a cold snap.
Prodan also said Naftogaz Ukrainy and Gazprom were in close contact and Ukraine was working on a bid for the volume of gas it needs.
Design, style, and all the contents of website www.capital.uaare protected by copyright and law. Any use of site materials is allowed only while meeting the requirements of reprinting terms and with the reference to www.capital.ua.Only materials in public domain can be used and adding of link and/or direct hyperlink open for search engines to immediate material address on www.capital.ua. The link/hyperlink should be placed in the sub-title or in the first paragraph of the material. Font size of the link or hyperlink should not be less than the font size of the main text in the material. Any use of materials that are in closed access and are only available to registered users is allowed only with the prior written permission of the copyright owner. Reprinting, copying, reproducing, modifying or any other use of materials published with the note 
of the agreement of syndication with Financial Times Limited are strictly prohibited. Use of materials which refers to France-Presse, Reuters, Interfax-Ukraine, Ukrainian News, UNIAN agencies is strictly prohibited. Materials marked 
are published as advertisements.
All rights reserved. © 2012 — 2016