Wednesday, November 25, 2015

Gov't instructs Naftogaz to stop purchases of Russian gas

The Government of Ukraine decided to entrust NJSC Naftogaz Ukrainy with stopping purchases of Russian gas. The Prime Minister of Ukraine Arseniy Yatsenyuk said this at a government meeting on Wednesday, 25 November.
"They (the Russian Federation. - ed.) must have misunderstood. They did not cut off gas supplies to us, we are the ones who are not buying it," said Arseniy Yatsenyuk.
The Prime Minister stressed that this decision was made primarily due to the fact that "pricing offers from our European partners are much better than those from the eastern neighbor."

Arseniy Yatsenyuk pointed out that the total gas consumption in Ukraine had already reduced by 20%: "This once again confirms that the Government's program designed to reform the country's energy sector, to implement subsidies, to establish reasonable rates and energy efficiency is effective."
"This is the only right way, on the one hand, to get rid of Russian gas dependence, on the other hand - to reduce consumption of gas, to spend less money on the purchase of Russian gas, and to make Ukraine totally energy independent state within ten years," the Head of Government highlighted.



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