At a joint press conference with United States of America’s Secretary of State Hillary Clinton, President Yanukovych said “With regard to the gas transportation system, we have our own Ukrainian concept we have shared with our partners and colleagues from the European Union and Russia. This concept involves establishing a joint company with participation of the EU countries, Russia and Ukraine. We intend to build a new gas pipeline, which would provide additional supply of gas to Europe across Ukraine."
According to President Yanukovych, Ukraine must be a reliable supplier of hydrocarbon energy resources to the EU. President Yanukovych has given his assurance that the Ukrainian side will do everything to ensure that both gas and oil transportation systems of Ukraine worked effectively and reliably and provided the necessary supplies of hydrocarbon fuels to Europe.
The President stressed that the establishment of a joint venture company to build a gas pipeline across Ukraine was an attractive and competitive option.
The President has also noted that Ukraine was in favour of modernising its gas transport system.
Article continues below…“This upgrade will ensure stable and reliable operation of the entire system and allow increasing volumes of the transported gas," he said.
Basket is empty..gif)
