The issue of the Odesa-Brody oil pipeline pumping crude in the reverse regime should be urgently resolved before the holding of an energy summit in Ukraine on May 22-23. Ukrainian President Viktor Yushchenko announced this during a meeting with Naftogaz of Ukraine CEO Oleh Dubyna on Tuesday.
He noted that there was certain stabilization on the country's gas market thanks to a government resolution on the Naftogaz of Ukraine's balanced and deficit free financial plan for 2008.
However, Yushchenko stressed the need to amend the law on the national budget for 2008 in the part of payments worth UAH 8 billion to Naftogaz to compensate the difference between the price for sales of gas and its purchases. The president also said the issues on receiving dividends from OJSC Ukrnafta and CJSC UkrGaz-Energo for 2006 and 2007 worth the sum of over UAH 2.9 billion should be resolved.
Yushchenko said he was dissatisfied with the absence of agreements on gas supplies for the needs of Ukrainian consumers in 2009 and the next years. He noted that the government had not created a working group on a set date to hold gas talks with Central Asian countries and had not started a negotiating process wit Russia's Gazprom on gas supplies and gas transit.