page_title: United Energy Systems of Ukraine
section_title: Origin
hierarchical_section_title: United Energy Systems of Ukraine / Origin
caption_attribution_description: English: Yulia Tymoshenko in November 2009. Русский: Юлия Тимошенко в ноябре 2009 года. Українська: Юлія Тимошенко в листопаді 2009 року.
context_page_description: United Energy Systems of Ukraine, was a natural gas trading company in Ukraine. In the years 1995 and 1996, it was the largest natural gas importer in Ukraine. The company was affected by a series of financial irregularities leading to criminal charges against the principals and closure of the company in 2009.
context_section_description: In 1989, Yulia Tymoshenko founded a family cooperative in Dnipropetrovsk. In 1991, Tymoshenko, her husband, Oleksandr, and Olexandr Gravetsas created the Ukrainian Petrol Company, a vendor of gasoline to farmers in Dnipropetrovsk Oblast. In 1995, the company was reorganized into the United Energy Systems of Ukraine. 
  UESU bought gas from RAO Gazprom (Russia). However, UESU was largely held by a Turkish company, United Energy International Limited (UEIL) and the perhaps inflated payments of Ukraine gas customers was filtered through a number of international locations (allowing a distribution of profits (hundreds of millions of dollars) amongst the energy oligarchs involved, before Russia was paid.
caption: Yulia Tymoshenko
exif: {}