Financial Times: Ukraine's $1 billion deal that never was

Author: Roman Olearchyk All articles by this author

More about Roman Olearchyk

Nov. 27, 2012 20:13
215 159
“This is a historic moment… We’ve taken the first really big step in securing Ukraine’s energy independence,” Ukraine's prime minister Mykola Azarov announced proudly in Kiev, and ordered construction to begin on a project involving the building of Ukraine’s first LNG terminal.
Photo by

Ukraine’s government on Monday rolled out the red carpet for a highly-publicised signing ceremony for a landmark energy deal.

But the event, attended by Prime Minister Mykola Azarov and Energy Minister Yuriy Boyko, quickly spiralled into a fiasco, with denials and confusion over what has actually been signed – and by whom. 

Read the story here 


215 159

The Kyiv Post is hosting comments to foster lively public debate through the Disqus system. Criticism is fine, but stick to the issues. Comments that include profanity or personal attacks will be removed from the site. The Kyiv Post will ban flagrant violators. If you think that a comment or commentator should be banned, please flag the offending material.

comments powered by Disqus

Read more in {{sectionName}} section

All in {{sectionName}} section