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Kiev in talks with Europe on new Ukrainian gas consortium

Parliament-appointed Prime Minister of Ukraine Arseniy Yatsenyuk said Kiev was set “to discuss joint maintenance and modernization of Ukraine’s gas transportation system” with US and European investors
Parliament-appointed Minister of Energy and Coal Industry Yuriy Prodan EPA/OLIVIER HOSLET
Parliament-appointed Minister of Energy and Coal Industry Yuriy Prodan
© EPA/OLIVIER HOSLET

KIEV, April 23. /ITAR-TASS/. 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 parliament-appointed Minister of Energy and Coal Industry, said on Wednesday.

“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.

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

The deals envisioned a discount of $100 for 1,000 cubic metres of supply to Ukraine. Now they have been renounced over Crimea’s merger with the Russian Federation, the discount is no longer applied, raising the supply price to $485.

From the second quarter of this year, Gazprom pays 10% more for Russian gas transit to European consumers via Ukraine. Gazprom has pledged to fulfil its commitments.