In 2018, Naftogaz of Ukraine NJSC plans to enter the eurobond market and counts on the positive reception from investors due to the company’s profitability, increase in investments and production as well as the won argument with Gazprom, Chairman of the Management Board of NJSC Andrei Kobolev said it during Bloomberg TV Europe, Interfax-Ukraine reports.
“We hope that Gazprom will fulfill its arbitration decision”, he said.
Kobolev also emphasized that Ukraine and Naftogaz insist that the gas pipeline Nord Stream 2 should not be built, because Russia does not want to divide the politics and gas supplies.
Chairman of the Management Board of NJSC indicated that last year, the company increased natural gas production by 6%, and this year he plans to invest 2 bln dollars and receive about USD 1.5 bln of profit.
According to him, in 2020, Ukraine can come to a level of production, which will let it do without gas import.
It should be reminded that last February, the Arbitration Institute of the Stockholm Chamber of Commerce satisfied legal claims of Naftogaz of Ukraine NJSC against Gazprom for violating contractual obligations on Russian gas transit through Ukraine.
The court took decision on payment of compensation of the volumes, which were undersupplied. However, Gazprom holds off on fulfilling the court decision.
