KIEV, April 15 – Naftogaz Ukrayiny, the state-owned natural gas company, has asked the holders of its eurobonds worth $500 million and notes worth $200 million to accept a delay in the terms for submitting an audited financial report for 2006 from March 31, 2008 to May 31, 2008, according to a report of Standard Bank London Holdings Plc. on the Luxemburg Stock Exchange.
According to the bank, Naftogaz Ukrayiny said its request was due to the overrun in talks with Russia on natural gas supplies in 2008, and continuing political and legal actions that delay the publication of the report.
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