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Lukoil & TNK-BP To Supply Gas To Ukraine?

Lukoil & TNK-BP To Supply Gas To Ukraine?

5 May 2008

According to the Head of Ukraine’s National Security and Defense Council Anatolii Kinakh, several large companies including Russia’s Lukoil and the joint Russian-British major TNK-BP were looking to supply natural gas to Ukrainian enterprises. Concorde Capital: It is not surprising that Russian extracting companies would like to supply gas to Ukraine, as they sell their gas to Gazprom at prices much lower than $95 / ths cm. However, the final word on this rests with Gazprom, as it has complete control of the Russian export pipeline. For now, we do not see any reason for the Russian gas giant to change the state of things: why should it open export window for private company and take money out of its own pocket.

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