Date: 7 months ago   Category: Energy

Naftogaz has supported sale of 49% of stocks of the Ukrainian GTS to the international partner — Rambler News Service


Photo: ZUMAPRESS.com/Global Look Press the Management of Naftogaz has supported sale of 49% of stocks in authorized capital of operator of the Ukrainian gas transmission system (GTS) to the international partner with the purpose to keep transit of gas to the EU through Ukraine. The letter to the acting chairman of the board of Naftogaz Sergey Konovts prime minister of the country Vladimir Groysman whose copy was published by the "Ukrainian news" demonstrates to it. "GTS cost according to the authoritative international company is about $14 billion. The Ukrainian legislation allows the qualified international partner to get up to 49% in authorized capital of GTS operator of Ukraine. If the international partner pays according to $7 billion for 49% of stocks of the operator GTS, then such investment can be considered as a certain guarantee of saving income from transit at the current level" — it is said in the document. Sergey Konovets in the letter notes that to the interests of Ukraine there can correspond only partnership which purpose is realization of the set strategic task of preservation of a transit role of the country. The suitable international partner, according to him, can be found in the USA, the European Union or in the partner countries of Ukraine. The acting chairman of the board of Naftogaz has appealed to Groysman to submit the matter for consideration of National Security council of Ukraine. In addition, Konovets has asked the Ukrainian government to develop and approve the action plan on a case of lack of transit of gas through the territory of the country to the European Union countries after 2019. In 2014 the Verkhovna Rada of Ukraine has adopted the law on creation of new GTS operator of the country up to which 49% of shares the western investors can acquire. The Main Gas Pipelines of Ukraine company has to become it. So far an operator of the Ukrainian GTS is the subsidiary of Naftogaz Ukrtransgaz.

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