Within six months, Ukraine will join the European Energy Community - European Commissioner for Energy. More...

The Government today will consider the draft law "On ensuring the commercial accounting of natural gas". More...

Agreement on a gas consortium between Ukraine, EU and Russia will be possible in the near future. More...

 

Energy Headlines

Gov't endorses decision on increase of statutory capital of Naftogaz of Ukraine NJSC

18/06/2009

At its today’s session the Government has approved a decision to increase the statutory capital of a national joint stock company, Naftogaz of Ukraine. The Premier of Ukraine Yulia Tymoshenko stated at a press conference.

Yulia Tymoshenko accentuated the decision would be issued in the shape of a draft law and forwarded for considering by the Parliament. According to the Head of Government, the planned number of increase is UAH 10 to 18 billion.

The Prime Minister stressed as far as the crisis concerned and in view of significant drop of revenues and expenses of the budget, an issue to cover the difference of prices for heat communal enterprises arises. “And we have come to a decision to yield results along two directions. First, to give a resource to Naftogaz of Ukraine to cover the difference in prices for heat communal enterprises and, at the same time, to include these funds into statutory capital of Naftogaz of Ukraine NJSC to reinforce the statutory capitals,” Yulia Tymoshenko clarified the situation.

Source: Government Portal

  Copyright © 2010 FGL Energy LLC All rights reserved Privacy policy | Terms of use Developed by