Ukrainian, Russian gas bosses hold gas purchase talks

Published: 21 June 2003 y., Saturday
The heads of the Naftogaz Ukrainy and Itera companies have placed orders for Turkmen gas exports for 2004. The agreement on this was reached at meetings held today between the Turkmen president Nyyazow and the head of the Ukrainian company, Yuriy Boyko, and the Itera chief, Igor Makarov. This year Ukraine is purchasing 36bn cu.m. of Turkmen gas at 44 dollars per 1,000 cu.m. with payments made equally in cash and in services, such as participation in investment projects and supply of goods. The same conditions also apply to Itera which is purchasing 10bn cu.m. of Turkmen gas this year. According to Igor Makarov, "an agreement was reached with Turkmenistan's president that Itera will purchases the same amount of 10bn cu.m. of Turkmen gas in 2004, too". As was pointed out at the meetings, among the orders for Turkmen gas purchases in 2004, there is a proposal made by Russia's Gazprom on the purchase of 6bn cu.m. of gas, the volume fixed in a 25-year cooperation agreement in the gas sphere concluded between Turkmenistan and Russia on 10 April 2003.
Šaltinis: ITAR-TASS news agency
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

EU and Vietnam sign off on a deal that will boost air transport

An aviation agreement has been signed today by the European Union and the Vietnamese authorities which will remove nationality restrictions in the bilateral air services agreements between EU Member States and Vietnam. more »

The EIB celebrates its 30th year of activity in Cyprus with a EUR 180 million financing for urban environment

The European Investment Bank marked the 50th anniversary of the Republic of Cyprus and its 30 years of activity in the country with a public ceremony celebrating the signature of a total of EUR 180 million for urban environment. more »

Tighter rules on government deficits

In response to the financial crisis, the Commission has put forward legislative proposals to strengthen and expand existing tools for coordinating economic and fiscal policy in the EU. more »

SME Finance Forum: Ensuring access to credit and to finance to small businesses

In the first meeting of the SME Finance Forum, possible means to improve the current situation of access to finance were discussed, such as the introduction of a grace period for firms in difficulties, the involvement of credit mediators and improved loan guarantees. more »

The EU budget, a guide

The EU budget is no simple matter, but then no budget ever is. more »

Trichet: Parliament must play a central role in forging the new economic governance model

Parliament will be crucial in avoiding a “lowest common denominator” approach when helping to design the EU's new economic governance architecture, ECB president Jean-Claude Trichet told the Economic and Monetary Affairs Committee on Monday. more »

European Day of Languages 2010: Languages for business

With a multitude of language-related events taking place on or around 26 September, the main themes for this year's European Day of Languages are business and jobs. more »

Commission pays € 1.15 billion in Balance of Payments support to Romania

The EU disbursed today € 1.15 billion to Romania, the third instalment of a € 5 billion loan, which was agreed in May 2009 as part of a multilateral financial assistance package. more »

European Investment Bank supports GBP 250m gas network expansion and upgrade in Scotland and southern England

The European Investment Bank has agreed to lend GBP250 million for the replacement, reinforcement and expansion of the gas distribution networks operated by Scotland Gas Networks and Southern Gas Networks. more »

Fair food prices: new legislation needed, say MEPs

The bargaining positions of all players in the human food chain must be rebalanced, and fair competition enforced by law, to ensure fair returns to farmers and price transparency to consumers, says Parliament in a resolution voted on Tuesday. more »