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    Zerkalo Nedeli: Ukraine to purchase gas supplies from Europe

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Summary

RWE Supply and Trading and Naftogaz Ukrainy signed a contract for the purchase of natural gas on the border between Poland and Ukraine.

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Press Notes

Zerkalo Nedeli: Ukraine to purchase gas supplies from Europe

RWE Supply and Trading and Naftogaz Ukrainy signed a contract for the purchase of natural gas on the border between Poland and Ukraine.

It said the contract begins on November 1, 2012 and ends on January 1, 2013, and envisages purchase of 56,744,640 cubic metres of gas.

Naftogaz Ukrainy was not immediately available for comment.

Ukraine can receive up to 5 billion cubic metres of natural gas from Europe annually in reverse mode and can increase this volume to 20 billion cubic metres in the future “without additional capital investments”, Ukrtransgaz Deputy Chief Engineer Oleg Mikhalevich said earlier. 

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