Gazprom Amends Ukraine's Contracts Regarding Purchase Amounts and Penalties
24 November 2009

A working meeting between Alexey Miller, Chairman of the Gazprom’s Management Committee and Oleg Dubina, Chairman of the Board of NAK Naftogaz Ukrainy was held at Gazprom Headquarters on November 24, 2009.

According to the agreements reached during the negotiations between the Prime Ministers of Russia and Ukraine, addenda to the Natural Gas Purchase and Sale Contract dated January 19, 2009 were signed.

Pursuant to the addenda, Ukraine will purchase up 33.75 billion cubic meters of gas in 2010. In addition, the signed documents stipulate that no penalties related to the amount of gas consumption by Naftogaz in 2009 will be imposed on the Ukrainian side.

 

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