The Anti-monopoly Committee of Ukraine approved of the establishment of the joint venture Ukrgaz-Energo by Naftogaz and RosUkrEnergo. These companies have also been authorized to hold joint measures to sell imported natural gas in Ukraine during a period of five years, RBC reported.
The committee said that it had reviewed documents submitted by the applicants, and approved of the joint venture as it would not limit competition. Moreover, a new company supplying natural gas to industrial users will boost competition and weaken the monopoly of Naftogaz in this sector.

The parties have to call for equal conditions for Naftogaz and Ukrgaz-Energo, especially for equal pricing terms.


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