Ukraine Allows Naftogaz To Siphon Gas Meant For Europe

Ukraine's government Wednesday passed a resolution theoretically allowing state energy company Naftogaz Ukrainy to siphon off transit gas destined for Europe, should a problem arise with domestic supplies, the Vedomosti daily reported Friday.
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Παρ, 7 Μαρτίου 2008 - 03:19
Ukraine's government Wednesday passed a resolution theoretically allowing state energy company Naftogaz Ukrainy to siphon off transit gas destined for Europe, should a problem arise with domestic supplies, the Vedomosti daily reported Friday.

The resolution, which was passed after Russia's OAO Gazprom (GAZP.RS) Monday cut deliveries to Ukraine over a payment dispute, would allow Naftogaz to take gas from underground storage facilities of pipeline subsidiary Ukrtransgaz if it needed additional volumes for domestic consumers.

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