Ukrainian Gaz To Halt Deliverers To Azot Cherkasy.
20 December 2008
Gaz says that Azot Cherkasy’s (AZOT) debt for gas consumed in January-November is USD 6.2 mln. In spite of this, GAZ apportioned 122 mln cm of gas for USD 9.3 mln to keep AZOT afloat in December, however, Azot Cherkasy continues to miss payments, and GAZ ordered its subsidiary Cherkasygas to stop deliveries to Azot. Concorde Capital: AZOT is still operating and its management is trying to reach an agreement with GAZ to keep its gas supplies coming.
