By January 20 we plan to create the joint venture, and by January 25 to sign a contract and close the issue.

Bilateral agreements on gas supplies through the year 2031 have already been drafted and could be agreed on shortly.

Today Ukraine consumes its own natural gas from underground facilities as well as the natural gas from Turkmenistan strictly according to the signed contracts.

I'm pleased for the joint venture because I was obviously a part of the organisation,

Initially, we are allocating $6 million from our budget to the joint venture.

Spinning it off kind of just gives the problems to your shareholders, and a joint venture really doesn't do much for you. The optimal plan would be to sell it and use the cash to reduce debt.