Gazprom unit gets sale license in Ukraine - Kommersant

For the sale of 7.5 billion cubic meters of gas

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OAO Gazprom’s sales unit received a one-year license to sell natural gas to Ukrainian industry, Kommersant-Ukraine reported, citing Andriy Halushchak, the head of Gazprom Sbyt Ukraina’s legal department, according to Bloomberg.

The license allows for the sale of 7.5 billion cubic meters of gas in a year, according to the Kiev-based newspaper. Gazprom Sbyt will sell about 4 billion cubic meters of the fuel in 2009, Kommersant cited Halushchak as saying.

Gazprom Sbyt signed a 10-year contract with NAK Naftogaz Ukrainy in February under which it will sell no more than 25 percent of the gas consumed by Ukraine’s industry, Kommersant reported.

Bloomberg

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