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News / 26 December 2013 | 14:00
Ukraine to start negotiations on gas consortium in January

Ukraine to start negotiations on gas consortium in January


Ukraine will begin negotiations on creation of a consortium to control the gas transportation system in January of 2014, energy and coal industry minister Eduard Stavytsky told a briefing in the Cabinet of Ministers of Ukraine, ForUm correspondent reports.

"We will begin these negotiations in January. As for the agreements that were reached earlier with investors and European banks concerning investments into our GTS, we will not stop on this. In the first quarter, I hope we will start the implementation of these agreements," Stavytsky said.

He also noted that the work on assessment of the Ukrainian GTS has been already completed. "In the near future the company conducting the assessment will submit the documentation, and then the amount will be made public," he promised.
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