«UEK «Naftogaz Kontakt» increases natural gas supply to Ukraine to 500 million cubic meters

The Ukrainian Energy Company Naftogaz Kontakt LLC («UEK «Naftogaz Kontakt» LLC) reported their final stages of negotiations on signing a long-term agreement for the imports of natural gas into Ukraine with a leading European company engaged in the exploration and production of natural gas and oil. This was to ExPro by the company.

"It is planned to contract business relations from July 2020, with the extension of contracted volumes of natural in the amount of 500 million cubic meters per year with attractive terms of payment for interested Ukrainian contractors," said the «Naftogaz Kontakt» LLC’s spokesman to ExPro.

One may recall that in April 2020, the «UEK «Naftogaz Kontakt» LLC won the tender on the Prozorro e- procurement portal for the purchase of natural gas held by the Gas TSO of Ukraine to ensure balancing the production and technological needs of the national gas transmission system of Ukraine.

ExPro Reference:

The Ukrainian Energy Company Naftogaz Kontakt LLC was founded in 2016, and since its establishment has been successfully cooperating with several condominiums of Lviv region on flexible and reasonable terms of payment. In the wake of with market changes related to the termination of public service obligation (PSO) for household natural gas consumers, the «UEK «Naftogaz Kontakt» LLC, additionally held a meeting with representatives of condominiums of Lviv region and some large cities of Ukraine to mutually agree and adjust contracts for natural gas procurements for the 2020/2021 national heating season under new market conditions of natural gas supply in Ukraine.

09:59 / 25 June, 2020

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