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News / 16 January 2009 | 17:30

Sokolovsky: with its actions Gazprom risks bankruptcy


At his briefing President's Representative on Energy Security Bohdan Sokolovsky expressed opinion that by attempts to realize its ambition to monopolize European gas market with cutting off transit of gas through Ukraine, Russian Gazprom is risking bankruptcy.

According to him, cutting off supplies of Russian gas through Ukraine, given plans of Russia to spend enormous amounts of money on realization of domestic energy programs was irrational.

Beside that Bohdan Sokolovsky expressed opinion that such actions of Gazprom aim to gain ownership of a part of Ukrainian gas transit system. For that, he said, Russia has been trying to discredit Ukraine as gas transit country in front of Europe by for instance accusing it of stealing gas. However such thing would never happen because our country has declared many times before that Ukrainian gas transit system is no subject to privatization

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16:08 Newly elected Ukrainian Prime Minister Mykola Azarov has taken an oath of loyalty to the Ukrainian people.
16:07 The Verkhovna Rada of Ukraine has appointed a new government on Thursday.

10 March 2010
11:31 The State Property Fund has transferred UAH 132.89 million to the state budget since the start of 2010, the fund said in a statement. UAH 66.79 million was received from rent and UAH 66.1 million (UAH 7.98 / USD 1) was raised from privatization.

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