Ukraine in talks with Europe on new gas consortium

April 24, 2014

Ukraine has forwarded proposals to European gas companies to set up a natural gas transportation consortium to help modernize and maintain the Ukrainian gas system, Yuriy Prodan, the Minister of Energy and Coal Industry, said on April 23, ITAR-TASS has reported.

“Ukraine is already in talks concerning the mooted consortium. We forwarded relevant proposals to European gas companies,” Prodan told journalists. Moscow was ruled out of the talks since Russia had never sent proposals concerning the network's future development, he said.

Prime Minister of Ukraine Arseniy Yatsenyuk told a news conference on April 22 that Kiev was set “to discuss joint maintenance and modernization of Ukraine’s gas transportation system” with American and European investors.

Copyright: ITAR-TASS, 2014