Business news from Ukraine

UKRAINIAN ENERGY MINISTER SIGNS REVISED DOCUMENTS ON INTERNATIONAL ENERGY CHARTER

21 May , 2015  

KYIV. May 21 (Interfax-Ukraine) – The Energy and Coal Industry Minister of Ukraine, on behalf of Ukraine, has signed the final document of the Ministerial (The Hague II) Conference on the International Energy Charter on May 21, 2015, Head of the European integration department at the Ukrainian Energy and Coal Industry Ministry Mykhailo Bno-Airiyan has said.

“This document is not obliging, but it stresses the desire of all signers to ensure energy security in the world, including in Ukraine. Unfortunately, the previous agreement of 1991, the so-called European Energy Charter, required large modernization due to the change of the general situation in the global energy sector,” he wrote on his Facebook page.

He said that the revised document was signed by around 70 countries.