RESOLUTION OF THE CABINET OF MINISTERS OF UKRAINE AND NATIONAL BANK OF UKRAINE

of March 2, 1998 No. 237

About some questions of calculations for the consumed natural gas

For the purpose of enhancement of calculations for the consumed natural gas and non-admission of inappropriate use of means the Cabinet of Ministers of Ukraine and the National Bank of Ukraine decide:

1. Open transit accounts of the gas-selling companies of the State-owned joint-stock holding company "Ukrgaz" and their branches (managements of gas economy) in authorized banks.

Open the consolidated transit account for the Ukrgaz Company in authorized bank. With respect thereto payment requests without acceptance for available debt for natural gas are not made out for settlement accounts of the gas-selling companies.

2. The state-owned joint-stock holding company "Ukrgaz" in two weeks to develop and approve in coordination with the State committee of oil, gas and oil-processing industry, the Ministry of Economics, the Ministry of Finance, State Tax Administration and the Procedure for Distribution of Revenue National Bank which arrives on transit accounts of the gas-selling companies and the consolidated transit account of the Company.

3. To state Item 3 of the Procedure for providing with natural gas of the national economy and the population in 1998 approved by the resolution of the Cabinet of Ministers of Ukraine of September 19, 1997 N 1027, in such edition:

"Purchase of natural gas for requirements of the population, household consumers and state-financed organizations is performed by the State-owned joint-stock holding company "Ukrgaz", the state municipal company "Kiyevgaz" at Ukrgazprom joint-stock company, Ukrneft open joint stock company, the state production enterprise "Chernomorneftegaz" and other gas companies".

4. To the companies of the State-owned holding company "Ukrgaz" to sign contracts with Ukrgazprom joint-stock company, Ukrneft open joint stock company, the state production enterprise "Chernomorneftegaz" and other gas companies on purchase since April 1, 1998 of natural gas for requirements of the population, household consumers, state-financed organizations.

To the companies of the State-owned joint-stock holding company "Ukrgaz" to sign contracts with the Company on purchase since April 1, 1998 of natural gas for requirements of the population, household consumers and state-financed organizations.

5. To Council of Ministers of the Autonomous Republic of Crimea, the regional, Kiev and Sevastopol city public administrations during refining of budgets for 1998 and forming of budget statements the next years to provide funds for covering of the expenses connected with provision to the population of privileges and subsidies, provided by the current legislation.

6. To the chairman of the board of the State-owned joint-stock holding company "Ukrgaz" Slobodyan S. M. and the director of the state municipal company "Kiyevgaz" Ivanenko G. D. to adjust the signed contracts on scopes of supply of gas for requirements of the population, household consumers and state-financed organizations according to amounts of the funds provided in budgets of all levels including for compensation for expenses on privileges and subsidies, stipulated by the legislation.

7. Confer responsibility for accomplishment of this resolution on the chairman of the State committee of oil, gas and oil-processing industry of Kovalko of M. P.

8. To impose control over the implementation of this resolution on the First vice-Prime Minister of Ukraine Golubchenko A. K.

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