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Gazprom still owns 50% in Ukraine’s gas system consortium

September 05, 2014, 16:02 UTC+3 MOSCOW
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MOSCOW, September 05. /ITAR-TASS/. Russian gas giant Gazprom is still holding a 50% stake in an international consortium for control over Ukraine’s gas transportation system, as seen by PRIME in the company’s materials Friday.

Gazprom also owns 100% in Gazprom Sbyt Ukraine, 40.22% in Gaztransit and 40% in Yuznhiigiprogaz.

The company’s board of directors will consider the issue of Gazprom’s cooperation with Ukrainian entrepreneurs on September 16.

In August, Ukraine’s government said it is ready to impose sanctions on Russia, suspending licenses of the country’s companies and companies with Russian capital for operation in Ukraine. The sanctions also envisage freezing assets and banning operations.

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