BUSINESS: UKRAINE'S NAFTOGAZ TO WORK WITH RUSSIA'S GAZPROM... GOOD OR BAD IDEA?!

pc:an.vnews.agency

Ukraine's State-owned gas and oil company Naftogaz suggests additional agreement to Gazprom which would see the former purchase smaller amount of gas from the later monthly.

"We suggested Gazprom an additional agreement (to the gas contract 2009), which will allow us to buy not 3 billion cubic meters of gas every month, as provided by the contract, but the amount and under conditions we need as Naftogaz company." - Andriy Koboliev,the CEO of Naftogaz said during a talk show (Shuster live)

Naftogaz is ready to go ahead with their intentions of dealing with Gazprom if they will. suggest an economically reasonable price i.e price lower than that of European suppliers.

credit: uatoday.tv