RosUkrEnergo & Naftogaz To Set Up Joint Venture.

A spokesman for Gazprom, Sergei Kupriyanov announced Wednesday that RosUkrEnergo and Ukraine’s Naftogaz were planning to establish a joint venture to transport natural gas intended for Ukraine’s domestic market. Prime Minister Yurii Yekhanurov confirmed Gazprom’s claim and said both sides hoped to have venture up and running by February 1. Concorde Capital: Gazprom and Raiffeisen Bank each control 50% stakes in RosUkrEnergo.  Naftogaz is a wholly state owned enterprise. The planned joint venture is connected to the gas agreement reached by Ukraine and Gazprom on January 4.