Ukraine to transport and store gas at market prices
( RBC ) - Ukraine's Fuel and Energy Ministry is poised to set market prices for natural gas transportation and storage, the ministry indicated in a document on its top priority areas of activity for 2008. The measure is supposed to improve energy companies' financial performance.
The ministry is also planning to ensure that profits are received in line with the government's stakes in UkrGaz-Energo and UkrNafta. In addition, the ministry intends to raise the efficiency of governance and control over the state-owned energy companies' operations, as well as to draw up and approve their financial plans.