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Naftogaz cuts debts to RosUkrEnergo, boosts debts to UkrGaz-Energo
Journal Staff Report

KIEV, July 4 – Naftogaz Ukrayiny, the national oil and gas company, reduced debt it owes RosUkrEnergo for gas supplies, but had significantly increased the debt to UkrGaz-Energo, a Ukrainian gas distributor, a company source said.

Naftogaz now owes $200 million to UkrGaz-Energo, a 50-50 joint venture owned by RosUkrEnergo and Naftogaz, up from less than $100 million a month ago, the source said.




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