Bank Of Baku

Ukraine's Naftogaz to buy 1 billion cubic meters of Russian gas

Ukraine
# 24 November 2014 14:40 (UTC +04:00)

Baku – APA. Ukraine will buy 1 billion cubic meters (bcm) of natural gas from Russia by the end of the year, Naftogaz Chief Executive Andriy Kobolyev said Monday, APA reports Reuters.

Kobolyev also said Ukraine was in talks to get socalled reverse gas flows from Hungary resumed in the coming months.

 

"We plan to buy 1 billion cubic meters of Russian gas from now until the end of the year," he said at a news conference during an energy conference in the Slovak capital.

 

"We hope the supply of gas from Hungary will resume in December or January next year. We are in discussions with Hungarian counterparts," he added.

 

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