international magazine
02 / 2015

Ukrainian Energy Forum: The rays of optimism

A number of skeptics criticized the national oil and gas monopoly Naftogaz Ukrainy for never turning into reality its broadly stated declarations about plans to separate its trading and upstream busy from the giant natural gas transportation system in order to bring more transparency and attract foreign investment. However, a number of pragmatic minded specialists insisted, that only retaining its current state of consolidation with the gas transportation system (GTS) Naftogaz remains legitimate enough financially player to deal with Gazprom in multi-billion natural gas deals.