Bloomberg: Ukrainian Parliament Backs Bill to Ban Sale of Gas Pipelines
Ukraine’s parliament barred any sale of NAK Naftogaz Ukrainy after officials said Russia sought a stake in the state-run energy company’s natural-gas pipelines in exchange for cheaper supplies of the fuel.
A bill to boost the efficiency of Naftogaz’s pipeline system while maintaining state ownership was backed by 242 lawmakers in the 450-seat legislature, parliament said today on its website. Any reorganization of Naftogaz’s pipelines or storage facilities will now require Cabinet approval. MORE