Ukraine Limits Gazprom Subsidiary's Licence to Sell Gas
Posted on: Tuesday, 13 May 2008, 12:00 CDT
The Ukrainian national electricity regulatory commission has limited from five to one year the validity of the licence to supply gas at a free price issued to the subsidiary of Russia's Gazprom, Gazprom Sbyt Ukraina, the UNIAN news agency reported on 13 May, quoting the commission's resolution No 547 of 24 April 2008.
The agency recalled that on 12 March, Gazprom and the state oil and gas company Naftohaz Ukrayiny signed an agreement, according to which, starting from 1 April 2008 Gazprom Sbyt Ukraina would annually supply no less than 7.5bn cu.m. of gas to Ukraine's industrial consumers.
The agency also added that Gazprom Sbyt Ukraina replaced the previous gas trading intermediary, UkrGazEnergo, co-owned by the Swiss-registered company RosUkrEnergo.
Originally published by UNIAN news agency, Kiev, in Ukrainian 1226 13 May 08.
(c) 2008 BBC Monitoring Former Soviet Union. Provided by ProQuest Information and Learning. All rights Reserved.
Source: BBC Monitoring Former Soviet Union
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