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Naftogaz faces $4b deficit to buy Russian gas in 2010, aide says
Journal Staff Report

KIEV, Nov. 26 Ukraine's state gas firm Naftogaz Ukrayiny will face a shortage of $4 billion for the purchase of Russian gas in 2010, President Vikor Yushchenkos top energy envoy said.

"Even if the transit rate [in 2010] grows and the system for collecting payments for gas on the domestic market is improved, Naftogaz will still face a shortage of around $4 billion," Bohdan Sokolovsky said in Kiev on Thursday.




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