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    Vestnik Kavkaza: We'll stop South Stream forever, Ukrainian Premier says

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Summary

Ukrainian government plans to offer 49% of Ukraine gas transport system to US and EU investors

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Press Notes

Vestnik Kavkaza: We'll stop South Stream forever, Ukrainian Premier says

The Prime Minister of Ukraine, Arseny Yatsenyuk, stated in the Verkhovna Rada that the united operation of the Ukrainian gas transport system would stop construction of the Russian project of South Stream forever with the help of Western investment.

The statement announced a draft which permits the Ukrainian government to form a united operator of the Ukrainian GTS, in which 49% of shares will belong to investors of the USA and the EU. Yatsenyuk believes that the South Stream will make a united operator of the Ukrainian GTS non-profitable.

He called on MPs to adopt the draft at least in the first reading.

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