OREANDA-NEWS  On 09 December was announced, that the Kyivenerho company (KIEN), which delivers heat and electricity in Kyiv, reported about reduced supplies of natural gas for the heat power plants No.5 and No.6 due to the lack of the fuel provided, the press service of Kyivenerho told. Reduction of natural gas supplies to the heat power plants No.5 and No.6 was launched at 12:14 on October 4 that caused instability in functioning of both heat power plants. Curtailment of natural gas supplies to the heat power plant No.6 resulted in its water boiler disconnected. This entailed the drop of temperature to +60 grades, and to +58 at the heat power plant No.5. Kyivenerho stressed that curtailment in volumes of thermal energy supplied to consumers causes increase in energy consumption. Increase in energy consumption results in overload of the electricity supply network and electrical equipment. Reduction of natural gas supplies causes nonfulfillment of operations schedules, limitation of maximum capacities of the Kyivenerho heat power plants and inefficient functioning of the company. On November 18, Kyivenerho company, which delivers heat and electricity in Kyiv, lowered the natural gas supplies to the heat power plants No.5 and No.6 by 30% due to the gas debts of the enterprises. As of November 19, the debt of Kyivenerho for the consumed gas to the Naftohaz Ukrainy national joint-stock company subsidiary, Haz Ukrainy, was UAH 155 million. The compensation received for the tariff difference accounts for UAH 386.8 million when a total of UAH 790.8 million was required for 2008. Haz Ukrainy instructed gas supply companies to reduce supplies of the natural gas to Kyivenerho because of the debts it owes to Haz Ukrainy. Kyivenerho ended 2007 with profits of UAH 6.149 million; its net revenues increased by 40.83% or UAH 1,340.535 million to UAH 4,624.091 million in 2007 compared, with 2006. The state owns a 50% stake plus one share in the Kyivenerho open joint-stock company (this stake has been contributed to the statutory capital of the national joint-stock company called the Energy Company of Ukraine), Kyiv municipal council owns 12.73%, Fluminea Limited (Cyprus) owns 15.72%, and Kapiton Trading Limited(Cyprus) owns 24.98%.