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Naftogaz and Interpipe started offsetting debts
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Tuesday, 29 May 2012
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It is reported that Interpipe, one of the leading steel pipe producers in Eastern and Central Europe started practical implementation of mutual debts netting with Naftogaz.

As per report, UAH 273 million out of almost UAH 571 million indebtedness for natural gas will be offset by the equal value of Naftogaz liabilities. According to Interpipe message, the rest of the amount is currently being negotiated by the companies.

Source - Phoenix-capital

(www.steelguru.com)

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