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Nation    

Latest government order obligates JVs to sell oil, gas at auction
Journal Staff Report

KIEV, April 21 – The Ukrainian government has obliged companies which operate under joint venture agreements to sell oil and gas condensate every month at auctions, the Economy Ministry reported.

The ministry said that amendments to cabinet resolution No. 599 of April 4, 2000 on the introduction of auctions to sell oil, gas condensate, natural gas, liquefied gas and coal were made due to requirements to the law on the 2008 national budget.




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