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                        FRIDAY, AUGUST 23, 2019
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Poroshenko Bloc calls for reform of Ukrainian energy sector
Journal Staff Report

KIEV, Oct. 29 - The Petro Poroshenko Bloc has proposed that a coalition agreement should envision the reform of the energy sector in Ukraine.

"We will ensure the drawing of large-scale private investments in the energy sector. To increase our own production of gas, oil, and coal, we will diversify the sources of supplies of gas (not more than 30% of consumption per one supplier) and fuel for nuclear power plants in order to increase competition among suppliers and lower the level of monopolization and isolation of the Ukrainian energy market," a draft coalition agreement published on Tuesday says.

The document also suggests the introduction of a rule starting 2018 under which no foreign company or country may supply more than 30% of Ukraine's annual gas consumption.




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