Diversification of gas supplies to attract European companies to Ukraine's energy sector, minister Stavytsky says

Diversification of gas supplies using the reverse regime from European countries to Ukraine opens up a prospect for our country's joining a European system of exchange trade in gas, Energy and Coal Industry Minister Eduard Stavytsky said this at a meeting with RWE Supply & Trading GmbH CEO Stefan Judisch in Brussels.

"Diversification of gas supplies by reversing natural gas supplies from Europe to Ukraine opens up a prospect for Ukraine's joining the European system of spot (exchange) trade in natural gas. This will ensure the attraction of European companies to the energy sector of Ukraine," Stavytsky emphasized.

During the meeting, the Ukrainian minister and the RWE chief discussed further gas supplies to Ukraine and the signing of a new contract soon.

As Ukrinform reported, Naftogaz of Ukraine plans in 2014 to increase the purchase of gas from the German RWE Supply & Trading at no less than 1 billion cubic meters, up to 6 billion cubic meters.

Adapted from Ukrinform