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PM: Ukraine cut gas consumption by 16%

20.10.2014 09:31 "Agro Perspectiva" (Kyiv) — During the session of the Government on October 16, Prime Minister of Ukraine Arseniy Yatseniuk told that, «since the beginning of the year Ukraine has spent by 16% less natural gas against similar period last year», Government Portal reports. «If you analyse the period, when the Government began to actively engage in savings of natural gas and the establishment of limits, this is actually from April, the real savings amount over 20%,» he explained. «This is not enough to easily pass the winter. The steps now being taken by the Government to economize on the consumption of natural gas and to diversify energy sources are crucial to get through the heating season,» the PM stressed. As to the Prime Minister, a position of the Cabinet of Ministers concerning the gas issue remains unchanged. He reminded that Ukraine had filed several lawsuits in the Stockholm Arbitration Court. «The first is the core lawsuit against the Russian company Gazprom, where we demand compensation of USD 6 billion and the establishment of a fair price, I underline it, a competitive price. We don’t need any discounts». He continued that presently Ukraine purchases gas from European partners and pays a market price, «that is much lower than the price Russia offered us a year ago», «We have saved about USD 0.5 billion on purchasing gas from our European partners». As to the report, the Ukrainian side also addressed the court with a request to expedite an interim decision «that would ensure, on the one hand, the establishment of a price, and on the other hand, the deliveries of natural gas». Reportedly, Yatseniuk promised the Government would announce a public competition to draw investors from Europe and the USA to jointly reform and exploit the Ukrainian GTS, «Now we started receiving certain propositions from our European partners. After we compile them, Ukraine and the Government will announce a public competition to attract investors from Europe and America to jointly upgrade and exploit the Ukrainian GTS».

Agro Perspectiva

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20.10.2014
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