Russia’s Gazprom and Ukraine’s Naftogaz Ukrainy have agreed to set up two joint ventures, the Russian company said after a meeting between its CEO Alexei Miller and Ukrainian Fuel and Energy Minister Yuri Boiko.
The two joint ventures will produce gas from coal beds in Ukraine and develop the offshore Palas structure in the Black Sea.
Miller and Boiko also continued discussing further development of strategic partnership between the two companies.