USD 93.2918

+0.04

EUR 99.5609

+0.2

Brent 88.11

-0.33

Natural gas 2.107

-0.02

664

Japanese Cos May Help Upgrade Ukrainian Pipeline System

Japanese companies are willing to take part in modernizing Ukraine's aging gas supply system

Japanese Cos May Help Upgrade Ukrainian Pipeline System

"Japanese companies have expressed their common willingness to participate in the modernization of Ukraine's gas transport system," the Ukrainian PM Yulia Tymoshenko reported, although did not elaborate on which firms could be involved.

The announcement came after Kiev and the EU signed a cooperation pledge earlier in the week aimed at encouraging investment and avoiding a repeat of January's gas dispute, which resulted in a temporary cut in Russian gas supplies.

Russia, which transits about 80% of its Europe-bound gas via Ukraine, reacted badly to the news accusing the EU of deliberately excluding it from talks.

Foreign Ministry spokesman Andrei Nesterenko told reporters earlier that gas agreements signed between Russia, Ukraine and the EU in February on a format for future cooperation have been "clearly violated."



Author: Ksenia Kochneva


Follow us on Facebook
Advertising at neftegaz.ru

Subscribe to our newsletter

of the best materials Neftegaz.RU

* Incorrect E-Mail Address

By clicking the "Subscribe" button I accept the "Agreement on the processing of personal data"


Advertising at neftegaz.ru