Ukraine will buy gas from Germany

The State CompanyNaftogaz[t:tag slug=naftogaz-ukrainy]Naftogaz of Ukraine” signed an agreement on gas supplies from the German RWE Supply & Trading. This is stated in the official press release, “Naftogaz”. Earlier it was reported that Ukraine is negotiating the purchase of gas from Romania, Turkey and Germany. Gas supplies from Europe Kiev needs to reduce its dependence on contracts with Russia and to reduce the price of export fuel.

In a press release, “Naftogaz” emphasizes that the agreement with RWE Supply & Trading - a framework. This means that it does not involve binding supplies. It also does not stipulate specific terms of the potential performance of the contract. In addition, the message is not specified and the anticipated delivery.

In March, the chairman of the board, “Naftogaz Ukrainy” Eugene Bakulin stated that the company intends to buy in Europe to 10 billion cubic meters of gas per year, about one third of imported fuel. You can do this is by transferring part of the pipeline in the reverse mode of operation.

However, even if Ukraine manages to agree with European companies, many of which receive fuel from “Gazprom”, it does not lead to an automatic reduction in purchases from Russia. The fact that the gas contracts in 2009 provided for the principle of “take or pay”, implying significant penalties for arrears of fuel. In 2012, Ukraine has to buy from “Gazprom” about 33 billion cubic meters of gas.

In Ukraine, the second year trying to get “Gazprom” to renegotiate contracts in 2009 entered into by the former Prime Minister Yulia Tymoshenko. According to the President of Ukraine Viktor Yanukovich, the country annually overcharged for fuel $ 3.8 billion, compared with its neighbors.

11 May 2012

Ukraine refused to hold a summit in Yalta
Yuri Shevchuk was awarded the Order of St. Andrew the highest award of the Ukrainian Orthodox Church

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