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RosUkrEnergo, Naftogaz to set up joint venture

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MOSCOW, January 4 (RIA Novosti) - RosUkrEnergo, a company transporting Turkmen natural gas to Ukraine, and Ukraine's state oil and gas company Naftogaz will establish a joint venture to transport natural gas intended for Ukraine's domestic market, a spokesman for Russian energy giant Gazprom said Wednesday.

Sergei Kupriyanov said the Russian-Ukrainian joint enterprise would be set up by February 1.

RosUkrEnergo is a joint venture of Gazprombank, a Gazprom subsidiary, and Raiffeisen Bank, which own 50% in the company each.

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