Ukraine to raise up to $6 billion from Naftogaz listing

摘要

Kiev-Ukraine hopes to raise as much as $6 billion from selling a minority stake in national energy company Naftogaz Ukrayiny at a planned initial public offering, as Kiev pushes on with major reforms to its oil and gas sector. The proceeds will go toward the modern- ization of the company and the upgrade of its pipelines, which move the bulk of Russian natural gas supplies to the EU, energy minis- ter Yuriy Boyko said March 22.