Nov 29, 2010

Naftogaz returns disputed gas to RosUkrEnergo in exchange for $1.7 billion



National joint-stock company Naftogaz Ukrainy has reported about the settlement of all issues related to natural gas supplies with Russian OAO Gazprom and Swiss-based gas trader RosUkrEnergo.
"Under documents signed in pursuance of a ruling by the Stockholm Arbitration Tribunal, Naftogaz Ukrainy will return 12.1 billion cubic meters (bcm) of natural gas to RosUkrEnergo," Naftogaz's press service said in a statement on Monday.
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Source: KyivPost 

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