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Nation    

Ukraine and Gazprom seek to cushion RUE ruling effect, says Boyko
Journal Staff Report

KIEV, Aug. 2 – Ukraine and Russian gas giant Gazprom are discussing ways to cushion the effect of the implementation of a Stockholm Arbitration Tribunal decision that obliged national gas company Naftogaz Ukrayiny to give 12.1 billion cubic meters of gas to Swiss-registered gas trader RosUkrEnergo, Ukrainian Fuel and Energy Minister Yuriy Boyko said.

"We're in no hurry. While studying the court's decision, we are negotiating with Gazprom about how to resolve this situation without upsetting the balance of gas supplies in the country. This is a key point. No one is going to transfer 11 billion cubic meters of gas and leave the people without heat in the coming winter," he said in an interview published in the Ukrainian newspaper Segodnya on Monday.




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