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Ukraine shows understanding about Nord Stream construction: min

November 10, 2011, 15:52 UTC+3
Ukraine shows understanding about the construction of the Nord Stream gas pipeline
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KIEV, November 10 (Itar-Tass) — Ukraine shows understanding about the construction of the Nord Stream gas pipeline, Ukrainian Minister of Energy and Coal Industry Yuri Boiko said on Thursday.

The minister said the pipeline construction is necessary because Russia will need “additional transit capacities” for natural gas produced in Yamal. At the same time he stressed that the Ukrainian gas transmission system has been and will remain “one of the most economically advantageous directions for the transit of Russian gas to Europe”.

In reply to the query about the present stage of talks with Russia on the revision of gas agreements, Boiko said the sides have got down to technical procedures and the settlement of differences within the framework of agreements reached between the Ukrainian and Russian presidents in September.

 

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