The Minister of Energy and Coal Industry of Ukraine Yuriy Boyko said that the minority stake of “Naftogaz” Ukraine will be placed on stock exchanges.

"Indeed, the principal decision has been taken that the minority stake of “Naftogaz” will be placed on stock exchanges. Now our consultants discuss which exchange will be more advantageous. As a result, we plan to attract about 5-6 billion dollars that will go to the development of the company and modernization of the national gas transmission system, as well as to the increase of gas production in our country," Yuri Boyko said during his working visit to Chernivtsi on 22 March 2011.

The Minister noted that such public offering is a common practice in the civilized world. "This stake selling provides not for one buyer, but for investors who want to buy these shares and are willing to pay money," said Boyko.

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