Bank Of Baku

Ukraine confirms memorandum signed with Azerbaijan

Ukraine confirms memorandum signed with Azerbaijan
# 01 December 2010 15:53 (UTC +04:00)
Baku. Lachin Sultanova – APA-Economics. Ukrainian Cabinet of Ministers has confirmed the intergovernmental memorandum signed with Azerbaijan on delivering of compressed gas to Ukraine, Ukrainian first Deputy Energy Minister Sergei Chech informed.

According to him, the memorandum means to deliver 5 bcm compressed gas to Ukraine.

Ukraine must construct LNG terminal for realization of this project. The projection will be will be implemented in 2012. First term of terminals will be constructed in 2013-2015, second term – 2015-2016. The contracts on delivering of gas will be signed in 2012-2013.
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