MOSCOW (Sputnik) – Ukraine's national oil and gas company Naftogaz said Thursday it has no plans to resume purchases of natural gas from Russia's energy giant Gazprom from April 1 but will continue to ensure uninterrupted transit of Russian gas to European consumers.
"Naftogaz of Ukraine is not planning to resume purchases of gas from Gazprom from April1, 2016 as the price for the second quarter of 2016 offered by the Russian company is higher than that offered by European suppliers of Naftogaz," the company said in a statement.
At the same time, the company vowed to ensure the uninterrupted transit of Russian natural gas to European consumers in line with existing legislation and the contract between Naftogaz and Gazprom.