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Wednesday, 22 June 2005
Ukraine owes Turkmenistan nearly US $ 600 million dollars in goods for natural gas supplies
Topic: Economy & business
21 June 2005. Turkmen President Saparmurat Niyazov received Monday a delegation of the national joint-stock company Naftogaz-Ukraine headed by board chairman Oleksiy Ivchenko. A telephone conversation between the presidents of Turkmenistan and Ukraine took place during the course of the meeting at the request of President Victor Yushchenko, the Turkmen Foreign Ministry’s press service said in a statement.

At the meeting, the sides noted that Turkmenistan, being a reliable trade-economic partner, ensures strict and timely supplies of natural gas to Ukraine as provided in the relevant agreements and contracts, according to the Foreign Ministry.

At the same time, the Ukrainian side doesn't fulfill its contractual obligations. This, first of all, concerns barter payments for Turkmen gas supplies that exclude fixing of any rates, the statement notes.

In this connection, the statement emphasizes that Ukraine still owes Turkmenistan US $ 61.7 mln in goods for 2004 alone and US $ 500 mln in goods for the first five and a half months of this year as payment for Turkmen natural gas supplies.

During the negotiations, the sides especially stressed the fact that bilateral relations need to be built on a mutually-beneficial, civilized basis. It is with this in mind that Turkmenistan “leaves the door open” and, on condition of fulfillment of its obligations by the Ukrainian side, will continue to provide Ukraine with the requested amount of Turkmen natural gas.

In conclusion of the telephone conversation, Ukrainian President Viktor Yushchenko assured his counterpart that the Ukrainian side would take all necessary steps to ensure the delivery of goods in Turkmenistan as repayment of a debt totaling nearly US $ 600 mln, the Turkmen Foreign Ministry statement says.


Posted by countryturkmenistan at 2:26 PM

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