Bloomberg News

Ukraine May Buy 10 Billion Cubic Meters of Europe Gas, Ria Says

March 17, 2012

Ukraine’s state-owned energy company NAK Naftogaz Ukrainy is considering buying 10 billion cubic meters of natural gas on the spot market in Europe, Ria Novosti news agency reported, citing Chief Executive Officer Yevhen Bakulin.

Bakulin said Ukraine can buy gas from Europe’s spot market in summer without disrupting the transit of Russian gas to the European Union, according to Ria.

To contact the reporter on this story: Daryna Krasnolutska in Kiev at dkrasnolutsk@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net


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