President Victor Yushchenko on Monday rescinded some clauses of January 16/2007 governmental resolution no.31, which has enabled UkrGaz-Energo to monopolize Ukraine’s gas market and abuse its monopoly to make excessive profits.

Yushchenko regularly receives complaints from governors and local officials, asking him to step in, and he has repeatedly instructed the government to react. The cabinet of ministers, however, has failed to take measures, being apparently reluctant to protect the interests of the country’s gas consumers.


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