President: Ukraine’s approach to gas cooperation will be pragmatic and balanced

Ukraine’s approach to gas cooperation will be pragmatic and balanced President Viktor Yanukovych said in Davos, answering Ukrainian journalists’ questions. According to him, it applies both to the diversification of gas supply sources and to the idea of gas consortium, ForUm learned from the presidential press office.

Viktor Yanukovych stressed that cooperation within a consortium is possible only on equal terms. If we talk about establishing a consortium, he said, rather than being the grounds for conflicts, it should combine the resources of consortium members to provide steady supplies of certain volumes of gas to Europe. The President added that ensuring the technical reliability of the Ukrainian gas transportation system is important, along with its modernization, which requires about $5-7 billion.

Certainly, said the President, if Ukraine is to sign any agreement in this area, it will be on favorable conditions. "There is no need to prove something to someone – we should approach this issue pragmatically, transparently, and make a decision," he said.

ForUm

Discuss news in the Forum

One-line news

13:19 In Davos, President Viktor Yanukovych took part in a World Economic Forum session “New Energy Architecture: Enabling an effective transition.”

10:10 In Davos, President Viktor Yanukovych took part in a session of the World Economic Forum titled "Energy for Economic Growth.” During the session, President Yanukovych brought up the issue of energy security of Ukraine, and told about the implementation of new technologies to use alternative and unconventional energy sources in our country.

24 January 2012

13:48 A Ukrainian delegation has left for Washington to hold talks with the International Monetary Fund (IMF), Ukrainian Finance Ministry spokesperson Viktor Kosarchuk has said.

Read all news →

News

22 February 2012

17:50 Russia has no intention to withdrew its fleet from Crimea

17:20 EP says Tymoshenko's release is a key to restore mutual relations, Ukraine's ruling party argues life is not a fairy tale

17:00 NSDC secretary: Ukraine continue daily cooperation with the European Union

16:30 Gazprom accuses Ukraine of consuming gas aimed for Europe

16:00 Ministry of social policy developing strategy on children's rights protection

15:40 Tihipko expects reduction of unemployment level

15:10 Tihipko: Non-payment of taxes to be equated to money laundering in Ukraine

14:45 Speaker Lytvyn wants to raise prestige of military servants

14:30 Parliamentary committee on freedom of speech names a chairman

14:00 Tihipko: Ukraine is not ready for tariff increase

13:30 UN warns of destructive floods and urges better response

13:00 Death rate exceeds birth rate in Ukraine, gap shortens

12:30 Azarov: We must import not goods, but technologies

12:02 Azarov: All country needs to be repaired

11:40 Ukraine may ban imports of goods for budget funds

All news

Top

Editorial staff:english@for-ua.com
Republication or redistribution of ForUm content, including by framing or similar means,
is allowed with the reference to en.for-ua.com only.
All rights are reserved by © LTD. Inter-Media, ForUm 2001-2012