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February 22, 2006

Ukraine Considers Arbitration In Gas Dispute With Turkmenistan

A UkrTransGaz worker checks gas valves at the Boyarka gas station, outside Kyiv (file photo) (epa)

22 February 2006 -- Ukraine today said it may seek international arbitration over a growing gas dispute with Turkmenistan.
Turkmen officials have recently said they want to raise the price of natural gas that Ukraine buys. But Kyiv says that any rise in price would violate existing agreements.


On 19 February, Turkmenistan accused Ukraine of owing it millions of dollars for delivered gas.


Oleksiy Ivchenko, the head of Ukraine's state-run gas company, today said that Turkmenistan is making that accusation to justify a gas-price increase.


(AP) 


 


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