Ukraine's Naftogaz GSC starts electricity imports from Belarus

Kiev, September 23 - Neftegaz.RU. Director of Integrated Gas Division at Naftogaz of Ukraine Andriy Favorov says Naftogaz of Ukraine GSC (Gas Supply Company) has started importing electricity from Belarus and selling it on the Ukrainian market, UNIAN reported.

"Naftogaz Group uses every opportunity to offer its customers energy products on the best conditions. In particular, we are diversifying electricity purchases and we have already begun importing it under a long-term contract with Belenergo," the company's press service quoted Favorov as saying on September 20.

It is noted that the company has already sold its first imported volumes of electricity on the day-ahead and balancing energy markets. Naftogaz of Ukraine GSC supplies gas and electricity across Ukraine, the press service added.

As UNIAN reported earlier, a new electricity market was launched in Ukraine on July 1 under the Electricity Market Law, the draft of which was passed by the Verkhovna Rada, Ukraine's parliament, in April 2017.