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News

Ukraine has no hope of lower prices for natural gas

October 24, 2008

“The price of natural gas will now be regulated taking into account the three-way agreements between Russia, Iran and Qatar, the three largest producers of gas. This agreement was signed in order to prevent prices for natural gas from falling”.

Lemma Insurance Company (Kharkiv) Reinsures Large Developer In Qatar

October 19, 2008

LEMMA Insurance Company has reinsured the construction and mounting risks, including the liabilities to third parties, of Amana Steel Building Contracting Company, a large building contractor, in the construction of a new factory (ceramic tiles producer) in Qatar.

First Vice Prime Minister Oleksandr Turchynov to Go on Working Visit to Syria October 8-10

October 9, 2008

The program of the visit envisages Turchynov’s meeting with the Prime Minister of the Syrian Arab Republic Mohamed Naji Otari.

Cadogan Petroleum Plc to Invest USD 500 Million in Ukrainian Oil and Gas Deposits

October 8, 2008

By 2010, Cadogan Petroleum Plc (United Kingdom) intends to invest USD 500 million in the development of 11 Ukrainian oil and gas deposits, as well as the development of the gas processing and gas transportation infrastructure.