KIEV (Thomson Financial) - A top Ukrainian official on Friday rejected one of the terms of a gas deal this month with Russia requiring the creation of a joint venture to distribute Russian gas in Ukraine, news agencies reported.
"We think there is no need to form a joint venture to work on the internal market," Deputy Prime Minister Alexander Turchinov was quoted as saying by Interfax and RIA Novosti.
He said Ukrainian company Naftogaz was capable of working alone on the domestic market without needing to hook up with Russia's Gazprom.
Ukrainian officals have put a stopp to Russia's gas deal. The Ukrain believes that they can accomplish the needed results by themeselves. This will make Russia very melancholy becasue they will loose money in this deal gone wrong. The aricle providedes yet another example of Russian diplomatic relations.
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