A working meeting between Alexey Miller,
Chairman of the Gazprom Management Committee and Yury
Boiko, Ukrainian Energy and Coal Industry Minister took
place today as part of St. Petersburg
International Economic Forum 2012.
The meeting discussed the progress with gas injection
by NAK Naftogaz Ukrainy into underground
gas storage
(UGS) facilities of Ukraine. It was highlighted
that Gazprom's advance payment in the amount
of USD 2 billion for gas transit provided
Naftogaz Ukrainy with funds for the purchase
of required gas volumes. Timely gas injection into
Ukraine's UGS facilities will enable the company
to meet its obligations on sustained gas transit
to Europe in the forthcoming winter period.
Alexey Miller and Yury Boiko also discussed other issues
of the Russian-Ukrainian cooperation in the gas
sector.