OREANDA-NEWS. December 17, 2007. Ukraine's National Joint-stock Company Naftogaz of Ukraine will pay $67 million under its credit commitments in December 2007, company's press office reported after the meeting in the Ministry of Fuel and Energy with the creditors of the company and its auditor Ernst&Young. Naftogaz of Ukraine's Board Chairman Evgeniy Bakulin told investors about the full implementation of tax obligations by his company in 2007 as well as about complete and up to date loan service.

All the parties discussed the questions of preparing and publishing the consolidated financial statements of Naftogaz of Ukraine for 2006 together with the auditor's report. Ernst&Young representatives received the project of the financial plan of Naftogaz of Ukraine for 2008, so that all the formal reasons for the late issue of the auditor's report for 2006 were removed.

The ministry officials, as well as the members of Naftogaz of Ukraine management team informed the auditor and investors about their efforts aimed at approving the financial plan of the company as soon as possible.