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News / 3 March 2008 | 16:30
Cut of gas supplies will not affect gas deliveries to either Ukrainian or EU consumers

Cut of gas supplies will not affect gas deliveries to either Ukrainian or EU consumers


The reduction in gas supplies will not affect gas supplies to either Ukrainian or EU consumers, Fuel and Energy Minister Yuriy Prodan said Monday, ForUm reports referring to Cabinet press office.

On Monday Russian gas monopoly Gazprom informed the affiliate company of Naftogaz of Ukraine, Ukrtransgaz, about cut of gas supplies to Ukraine by 30 million cubic meters per day. Gazprom earlier stated it will cut gas supplies to Ukraine by 25 percent  of 9 a.m. March 3 unless Ukraine's debt is settled. On February 29 Gazprom's official representative Sergei Kupriyanov said that Ukraine has not fully settled the debt for the gas supplied in 2007.

Last week Naftogaz said it has fully paid off last year's debt to UkrGaz-Energo, which sells imported gas to Ukraine, a statement, which RosUkrEnergo, the monopoly exporter of gas to Ukraine, denied.

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14:42 At present the Ukrainian Agrarian Fund purchased almost 900 thousand tons of grain in order to form the state food reserve. At the same time, 287 thousand tons are already included in the reserve, Deputy Agrarian Minister Yaroslav Hadzalo told.

3 October 2008
17:17 Somali pirates holding a Ukrainian ship carrying tanks and military hardware Thursday maintained their demand for a 20-million-dollar ransom as a blockade around them tightened, according to AFP.
14:18 Direct US investments in the Ukrainian economy reached USD 1.4 billion in the first half of 2008, Ukrainian Economy Minister Bohdan Danylyshyn said.

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