Facts

Establishing state monopoly on gas market would allow Ukraine to create its own Gazprom, says Yatseniuk

Establishing state monopoly on gas market would allow Ukraine to create its own Gazprom, says Yatseniuk

A law establishing a state monopoly on the natural gas market would allow Ukraine to create its own version of Russia's Gazprom, the author of the draft law, Ex-Speaker Arseniy Yatseniuk, has said live on the Channel TV station.

"I proposed such draft law, under which Naftogaz Ukrainy, as a national joint stock company, is appointed as a single monopolist, which has to buy gas abroad, sell it to consumers and has a unique rights to export it," he said.

According to Yatseniuk, this law will remove the issue of the third parties in the gas sector.

Yatseniuk has registered a draft law on establishment of the state monopoly on the natural gas market in parliament.

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