Source Pravda.Ru

Chiefs of Gazprom, Neftegaz Ukraine meet on debt-settlement plans

Gazprom chief Aleksey Miller and Neftegaz chief Yury Boiko met Tuesday to discuss the Ukraine company's indebtedness to Gazprom. Gazprom's press service said the two discussed problems connected to the work of the International Consortium for the Management and Development of the Gas Pipeline System of Ukraine and questions of Ukraine's gas supplies for the midrange future.

Neftegaz Ukraine currently owes Gazprom approximately USD 1.62 billion. Under the terms of the October 4, 2001, agreement between the governments of Ukraine and Russia, USD 1.43 billion of the debt is payable in bonds.

In October 2002, Gazprom and Neftegaz Ukraine agreed to create the International Consortium on an equal basis. At a meeting of the Consortium on August 26, 2003, extension of Ukraine's gas-pipeline system in the area between Novopskov (Russia) and Uzhgorod (Ukraine) was agreed to, with the planning to be completed by August 31, 2004. At present, the necessary technical and economic documents, financing plan and structural and legal aspects of the undertaking are in preparation for the segment of the line between Bogorodchany and Uzhgorod.

Comments
Russians massively break traffic rules on Crimea Bridge
Russian air defences ready to shoot down NATO drones and reconnaissance aircraft over Crimea
The Royal Wedding and the Silly Season
Russian air defences ready to shoot down NATO drones and reconnaissance aircraft over Crimea
Kremlin on failed nuclear missile tests: 'Listen to President Putin and believe him!'
Russian air defences ready to shoot down NATO drones and reconnaissance aircraft over Crimea
Science Has Once Again Declared: ‘We Were Created’
Russian air defences ready to shoot down NATO drones and reconnaissance aircraft over Crimea
Iran's next moves on nuclear deal much more important - Kremlin
Venezuela may expect another Panama scenario from 1989
Venezuela may expect another Panama scenario from 1989
Venezuela may expect another Panama scenario from 1989
Venezuela may expect another Panama scenario from 1989
Venezuela may expect another Panama scenario from 1989
Iran's next moves on nuclear deal much more important - Kremlin
Venezuela may expect another Panama scenario from 1989
Venezuela may expect another Panama scenario from 1989
World's most beautiful man lives in Ukraine
Why Putin should say nothing when USA and Germany fight over Russian natural gas
Iran's next moves on nuclear deal much more important - Kremlin
Iran's next moves on nuclear deal much more important - Kremlin