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Slovakia's Eustream dismisses reports about plans to manage Ukrainian gas pipes

August 26, 2014, 14:29 UTC+3 BRATISLAVA
"Our company has not received such proposals," a company's representative said
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A Eustream gas compressor station

A Eustream gas compressor station

© EPA/Eustream / HANDOUT

BRATISLAVA, August 26. /ITAR-TASS/. Slovakia’s gas transportation system operator Eustream does not plan to take part in managing Ukraine’s gas transportation system, a spokesperson for the company told PRIME on Tuesday.

“No one has asked Eustream to join the joint venture to manage Ukraine’s gas transportation system. Our company has not received such proposals,” the spokesperson said.

On August 18, sources familiar with the matter told PRIME that three western companies, including U.S. Chevron, will bid to manage Ukraine’s gas transportation system.

On August 14, the Verkhovna Rada approved amendments on reforming the country’s gas transportation system, which envisage transferring control over the system from state-owned Naftogaz to an operator chosen by the Energy and Coal Ministry. A 51% stake in the operator must be held by the government, while the rest can be owned by Ukrainian, EU, U.S. companies or any participant of the European Energy Community.

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