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Arseniy Yatsenyuk: Gov't establish natural gas and fuel oil fund
14.02.2015 | 14:51
Information and Communication Department of the Secretariat of the CMU

The Government of Ukraine has decided to establish a reserve fund of natural gas and/or fuel oil worth US$1 billion, Prime Minister of Ukraine Arseniy Yatsenyuk said at a meeting of the Cabinet on Saturday, February 14.

According to him, the reserve fund will be established through the involvement of state guaranteed loans.

"The winter is coming to the end and we are, unlike the Russian Federation, happy with this fact. And in order to survive the next winter the Government is already thinking over ensuring energy security," the Prime Minister emphasized.

"US$1 billion is the amount that will be used to purchase strategic reserve of natural gas and fuel oil. We managed to overcome this winter, thus, we will overcome the next one," Arseniy Yatsenyuk highlighted.

 

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