BELARUS NEWS AND ANALYSIS

DATE:

23/06/2010

Russia increases gas transit supplies through Ukraine by 40%

KIEV, June 23 (Itar-Tass) -- Russian gas transit supplies through Ukraine increased by 40% since the beginning of the year against the same period in 2009, Ukrainian Minister of Fuel and Energy Yuri Boiko said at an enlarged government meeting on Wednesday involving President Viktor Yanukovich and parliament speaker Vladimir Litvin over 100 days of work of the government.

"The gas transit supplies increased by 40%. About the same growing tendency is observed in oil supplies," the minister said.

Boiko also stated about the intention to reduce four times in 2010 the financial deficit of the major company Naftogaz Ukrainy. "With due account of lower expenditures and higher revenues of the company we will have the lowest deficit of 1% of GDP in 2010, but we started working with the 4% deficit of GDP. The task, which the government set with due account of the international community position, will be resolved," the minister pledged.

Among the government achievements in the energy sector he named a lower Russian gas price and the signing of a long-term agreement for the supplies of Russian nuclear fuel to Ukrainian nuclear power plants.

Source:

http://www.itar-tass.com/eng/level2.html?NewsID=15256277&PageNum=0


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