Ukraine's Naftogaz to Buy Russian Gas in Winter to Balance System During Peak Consumption

2014/11/05

KIEV, November 5 (RIA Novosti) – Ukraine’s Naftogaz will purchase gas from Russia’s Gazprom only if needed, but European companies will remain the main deliverers of fuel through the winter, Naftogaz’s press service reported Wednesday.


“The conditions of the agreement allow us to purchase Russian gas to balance the system during peak consumption. For example, we see that Ukrainian consumers are using more gas than all of our other resources can provide (Ukraine’s own extractions, EU imports, underground storage facilities) and we need additional gas. Then we will use our right to purchase gas from Gazprom. European companies will remain the main deliverer of import gas to Ukraine,” the press service quoted Naftogaz CEO Andriy Kobolyev as saying.



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