Ukraine Ready To Drop RosUkrEnergo

KIEV, Ukraine -- Ukraine said Tuesday it is ready to replace RosUkrEnergo, which imports a mix of Russian and Central Asian gas to Ukraine, with a different firm.

Prime Minister Yuriy Yekhanurov

"Given that Russia has started having certain reservations about RosUkrEnergo, the intermediary it proposed, the Ukrainian government will send a letter to the Russian prime minister today," Prime Minister Yuriy Yekhanurov told Parliament.

"In particular, the letter expresses (Ukraine's) agreement to replacing this intermediary if Russia is no longer happy with it."

Earlier this year, the firm won rights to import gas to Ukraine following a bitter pricing dispute between Ukraine and Russia's gas monopoly Gazprom. Half the Swiss-registered company was owned by Gazprom and the other half by a group of unidentified investors.

Russia said the investors were linked to Ukraine, a charge Kiev denied.

Earlier this year, Russia cut off gas supplies to Ukraine, also affecting supplies to Europe. The spat was resolved after a pricing compromise. Under the deal, Ukraine will pay $95 per 1,000 cubic meters to Gazprom, nearly double the previous amount.

Source: UPI

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