You're reading: Gazprom not planning to withdraw from RosUkrEnergo authorized capital

Moscow, June 25 (Interfax) - Gazprom does not plan to withdraw from RosUkrEnergo's authorized capital, Gazprom CEO Alexei Miller told journalists on Friday.

Asked whether Gazprom could sell 11 billion cubic meters of gas to Naftogaz Ukrainy so that the latter could comply with a ruling by the Arbitration Institute of the Stockholm Chamber of Commerce, Miller said nobody has yet asked Gazprom to do so. In particular, Miller said he had met with Ukrainian Fuel and Energy Minister Yury Boiko on Thursday and did not hear such a request.

It was reported earlier that the Arbitration Institute of the Stockholm Chamber of Commerce on June 8 obliged Naftogaz Ukrainy to return 11 billion cubic meters of gas to RosUkrEnergo and also pay a fine in commodity form in an amount of 1.1 billion cubic meters of gas.

RosUkrEnergo was set up by Gazprom and Centragas Holding AG on a parity basis in 2004. Centragas Holding AG belongs to Ukrainian businessmen Dmytro Firtash (90%) and Ivan Fursin (10%). RosUkrEnergo held a monopoly over shipping natural gas to Ukraine in 2006-2008.