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Ukraine's Naftogaz to Continue Re-Exporting Gas to Europe

Posted on: Wednesday, 18 January 2006, 21:00 CST

KYIV. Jan 18 (Interfax) - Ukraine's Naftogaz Ukrainy will continue re-exporting natural gas to Europe, company Chairman Oleksiy Ivchenko told reporters.

"We have signed five-year export contracts which we'll observe," he said.

Ivchenko declined to say how much gas Naftogaz plans to re- export in 2006. Nor did he name the figure for 2005.

He said, however, that Ukraine reached the end of 2005 with a gas surplus of 1.5 billion cubic meters "for the first time in recent years."


Source: Daily News Bulletin; Moscow - English

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