OREANDA-NEWS. September 30, 2008. Foreign investors who gave credits to the NJSC “Naftohaz of Ukraine” have positively estimated the Government’s steps on stabilization of financial state of the company.

This was disclosed by Prime Minister of Ukraine Yulia Tymoshenko at the press conference commenting upon the results of her meeting with investors which took place.

“Creditors of the NJSC “Naftohaz of Ukraine” are completely satisfied with the Ukrainian Government’s report about financial state of the company,” Yulia Tymoshenko noted.

The Head of Government told that today the NJSC “Naftohaz of Ukraine” had completely rid of the state of unprofitable, this year the company had not violated any of its financial obligations. Moreover, the NJSC “Naftohaz of Ukraine” has firstly over the last 10 years pumped 16.5 billion cubic meters of gas for reservoirs on own account and will provide the country without any obstacles in winter.

According to the Prime Minister, the NJSC “Naftohaz of Ukraine” is helped out of the bankruptcy risk and loss of gas transportation system. The Government abolished such structures as “RosUkrEnergo” and “Ukrhazenergo” as a result of which the company had completely returned itself a home market of Ukraine for supplying natural gas to all consumers.

“It means that we have asserted our energy independence on gas market,” Yulia Tymoshenko stressed.

The PM believes that stability in energy sphere depends on political stability as well. According to her, if the President dissolves the Parliament and decrees early elections, all negative processes which preceded the current Government can return to the energy sphere. Yulia Tymoshenko reminded about negative phenomena observed already under the current President: the past dispatch of Russian companies into the NJSC “Naftohaz of Ukraine” and transfer of the Black Sea shelf to Russian companies with strategic natural gas resources.