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Ukraine to supply pipes to Turkmenistan as part of debt pay off agreement

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Ukraine will repay their natural gas debt to Turkmenistan in part with steel pipes. According to an agreement between Ukraine and Turkmenistan, Ukraine will pay US$59.6 million of the debt in foreign currency while some US$55.1 million of the debt will be paid with the supply of steel pipes. The payment of the remaining US$12.2 million debt is still under negotiation. (Mar. 13)
News Date 13 Mar 2006 17:12:09 reported by Yuki Cheng

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