Ukraine Will Buy Gas From Russia This Year - Naftogaz Chief


KIEV, Jan 17 (Reuters) - Ukraine will return to buying gas from Russia in 2018, ending a more than two-year hiatus, as a result of a ruling by a Swedish arbitration court on its gas dispute with Moscow, the head of Ukrainian state-run energy firm Naftogaz said on Wednesday.

"From this year we are obliged to take a minimum volume (from Russia's Gazprom)," Naftogaz chief Andriy Kobolev said in a briefing, adding that Ukraine would continue buying gas from Europe also.

"Gazprom must sell us gas at a price lower than the European one and we see that as positive," he said.

He did not say when Naftogaz would start buying supplies from Russia or what the exact volumes would be.

(Reporting by Pavel Polityuk; Writing by Alessandra Prentice; Editing by Dale Hudson)


Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.