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Keyword: naftogas

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  • JV (joint venture) has been finally created (Ukraine-Russia gas deal)

    02/03/2006 11:48:37 AM PST · by Mazepa · 6 replies · 200+ views
    ForUm ^ | 3 February 2006
    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...