KIEV, Jan. 11 - The price of Naftogaz Ukrayiny eurobonds has grown by 3% due to the granting of government guarantees worth UAH12 billion ($2.4 billion) on the company's foreign debt, according to an analysis drawn up by the analyst of Troika Dialog Ukraine Investment Company, Naria Maiboroda.

Naftogaz Ukrayiny did not publish its financial results for 2006 and did not fulfill its liabilities taken at a meeting of the owners of the company's eurobonds in November 2004. The government granted guarantees on the company's foreign debt to prevent its default.