Ukraine has begun the process of division of the national joint-stock company Naftogaz of Ukraine into three separate structures. This was announced by the Minister of Energy and Coal Industry Yuriy Boiko at the opening of an international conference in Kyiv, Ukraine - EU: Towards the Single Energy Market.

"It will be divided into three separate areas: transport company, mining company and supplying company. The process has already begun: our government has decided to establish an appropriate commission," the minister said, UKRINFORM reported.

He reminded that this is envisaged by the country's obligations taken in joining the European Energy Community in February 2011.

The Director-General of the European Commission's Directorate General for Energy, Fabrizio Barbaso said the EU will assess the reforms of Naftogaz.

He said they welcome the restructuring of Naftogaz as an important component of reforms in Ukraine's joining the Energy Community.

According to Barbaso, it is important that the restructuring would be in line with Ukraine's commitments and ensure compliance with the contractual obligations of Naftogaz.

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