Switzerland's Кorlea Invest Founds KazUkrEnergo To Trade In Gas

Korlea Invest Holding AG (Switzerland), owner of importers of Ukrainian electric energy to Europe, has founded KazUkrEnergo AG (Switzerland) to trade in natural gas.

This follow from a report posted at the website of Worldbox, disclosing information about registration of companies in Switzerland and Liechtenstein.

KazUkrEnergo AG was registered on 29 May 2008 in Zurich.

The company's statutory capital makes CHF 200,000 and consists of 20 shares.

Ukrainian businessman Vasyl Bechvarzh, president and the main owner of Кorlea Invest, chairs its board of directors.

Jean Daniel Schwab, who is also member of the Korlea Invest Holding board, is member of the board of directors.

Previously mass media reported intention of the established KazUkrEnergo to sell Kazakh natural gas as to Ukraine, so as to European consumers.

Korlea Invest Holding already has a subsidiary registered in Kazakhstan - Korlea Invest - Energy Corporation.

RosUkrEnergo currently monopolizes gas supplies to Ukraine, which is also registered in Switzerland.

50% in RosUkrEnergo belong to Russia's Gazprom, 45% and 5% to Ukrainian businessmen Dmytro Firtash and Ivan Fursin respectively.

Information posted at Worldbox, KazUkrEnergo statutopry operations are trading in oil and petroleum products and real estate operations.

Korlea Invest Holding AG incorporates Korlea Invest A.S. (Slovakia), N.E.P. AG (the Czech Republic), Energy Corporate Services(the Czech Republic), Energy Capital Zrt. (Hungary), Korlea Ukrhydropower (Slovakia).

Korlea Invest A.S. imports electricity and supplies it to end users in Poland, Hungary, Slovakia, Macedonia and other countries.

Korlea Invest A.S. includes eleven enterprises, two of them Korlea Invest Ukraine and Korlea Energy registered in Ukraine.

Energy Capital Zrt. also specializes in importation of electric energy and consists of 48% of UkrEnergy Trade (Hungary), which presently imports electricity from Russian and sells it to the state-owned enterprise UkrInterEnerho.

Also UkrEnergy Trade, 52% in which belong to UkrInterEnerho, supplies electricity to end users in Europe.

As Ukrainian News earlier reported, Prime Minister Yulia Tymoshenko wants eliminate all the mediators in importation of gas to Ukraine and its supply in the internal market.

Kazakhstan is one of the main sources of natural gas for Ukraine alongside with Turkmenistan and Uzbekistan.

All Middle Asian gas is supplied to Ukraine through Russia's Gazprom, which sells the fuel to RosUkrEnergo.

In its turn the trader sells the gas on the Russia/Ukraine border to the national joint-stock company Naftohaz Ukrainy.

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