Posted on 02/03/2006 11:48:37 AM PST by Mazepa
After days of delays and weeks of negotiations, Naftogaz Ukrainy and RosUkrEnergo finally created the joint venture that will deliver natural gas to Ukraine
The move ends almost one month of talks and comes after RosUkrEnergo has finally bowed to the pressure from Naftogaz and agreed to keep gas prices unchanged at $95/1,000 cubic meters during five years, till 2010.
Russia's energy giant Gazprom confirmed Thursday it had formed a joint gas distribution venture, UkrGazEnergo, on a parity basis with Ukraine's national energy company Naftogaz.
"In line with an agreement on market principles of cooperation in the gas sphere concluded between Gazprom and Naftogaz on January 4, 2006, the Ukrainian energy company and RosUkrEnergo have formed a joint venture UkrGazEnergo on a parity basis," Gazprom said in a statement.
UkrGazEnergo would be registered in Ukraine in the near future and Gazprom's Deputy Chairman Alexander Ryazanov had been elected its chairman of the board, the statement said.
The statement also said the new joint venture would primarily supply natural gas and other energy resources to Ukrainian consumers.
What say you? It's over?
- nalyvai? (transl. - open a bottle?)
I suspect with Tymnoshenko's recent manuvers this won't be the last word, however I hope it is, it will give stable energy at market prices to Ukraine.
Ukraine should press to get the gas it rightfully purchased from Turkman for $26.
Ukraine has already gotten that gas, part of it by stealing from europeon bound supplies.
What say you? It's over? ==
Lets see. If Yuschenko will pay his bills then I'm pro-him. I mean I hoped that he is honest guy but some recent events shaked my hope. Now I'm casious.
That come out of some contest for the most unpronounceable company name ever?
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