Ukraine may require gas importers to buy from Europe - Naftogaz chief

August 8, 2014

Ukraine may legally require that natural gas importers purchase a certain amount from Europe, Naftogaz Ukrainy chief Andriy Kobolev said.

"We are preparing to make changes to the law on the gas trade that would require Naftogaz and every other trading company on the Ukrainian market to purchase a portion of gas in Europe. We will make this a requirement," Kobolev said in an interview with Vedomosti published on Thursday.

"That is, Gazprom might offer a lower price, but we would still have to buy some percentage in Europe, even if it is more expensive," he said.

Ukraine began reverse imports of natural gas shipped through Poland in November 2012. It began importing natural gas from Hungary in April 2013 and plans to begin imports from Slovakia in September 2014.

Copyright, Interfax Ukraine, 2014.