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You're reading: Boiko: Naftogaz to buy little less than 27 bcm of natural gas in 2012
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“We’ve followed all the necessary procedures under the contract to
supply an official bid [to buy natural gas],” he said on the sidelines
of the 9th Yalta Annual Meeting.

According to the minister, the Russian side’s response to that bid
was silence; therefore Ukraine is working according to the amounts
sealed in the bid.

In keeping with the recent prospectus of the issue of Ukrainian
eurobonds, Naftogaz on February 7, 2012, sent Gazprom an addendum to the
agreement on the supply of natural gas to Ukraine, which foresees a
decrease in supplies in 2012 to 27 bcm. As was mentioned in the
document, the decrease in gas imports could be partly compensated for
using gas to be pumped from underground storage facilities.

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