LONDON - A representative of Ukrainian President Petro Poroshenko called for state energy company Naftogaz to be privatised and gas prices to rise as the country grapples with a growing budget deficit and dependence on Russia for gas imports. "Naftogaz needs to be privatised," Dmytro Shymkiv, the president's deputy chief of staff said at a Ukrainian investment conference in London on Dec. 9.
Ukraine's Energy Challenge
Reuters: Presidential aide says Ukraine’s Naftogaz needs to be privatised (UPDATE)
A picture shows the Shebelinsky gas processing plant of Ukraine's Naftogaz national oil and gas company near the northeastern Ukrainian city of Kharkiv on August 5, 2014. Russian President Vladimir Putin ordered his government to draft a response to \"unacceptable\" Western sanctions over Moscow's perceived backing of pro-Kremlin rebels in Ukraine's volatile east.
