Naftogaz chief authorized to sign gas contracts with Russia

The Ukrainian delegation to Moscow led by Naftogaz CEO Oleh Dubyna is fully authorized to sign contracts for Russian gas supplies in 2009, a Ukrainian presidential commissioner for energy security said on Monday, RIA Novosti informed.

Dubyna is expected to sign a 2009 gas contract with Alexei Miller, CEO of Russian energy giant Gazprom, in Moscow later Monday in the presence of the two countries' premiers.

"The Ukrainian delegation led by Oleh Dubyna, chairman of the Naftogaz board, has been given instructions and the power under Ukrainian law to hold talks and sign contracts," Bohdan Sokolovskiy was quoted as saying by the Ukrainian president's press service.

The prime ministers of Russia and Ukraine agreed Sunday in Moscow on a 2009 gas price for Ukraine and gas transit tariffs. The deal would see Kiev paying 20% less than the European market price, expected to be around $450 per 1,000 cubic meters in the first quarter.

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