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    Sputnik: Yatsenyuk Invites Europe to Invest in Ukraine's Gas Transportation System

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Summary

Legislation that allows investors from the United States and Europe to secure up to a 49 percent share in the country's gas transportation system

by: Sruthi

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Press Notes

Sputnik: Yatsenyuk Invites Europe to Invest in Ukraine's Gas Transportation System

Ukrainian Prime Minister Arseniy Yatsenyuk called on European investors Thursday to invest in Ukraine’s gas transportation system.

“I would like to call on European enterprises to invest — under Ukrainian legislation they are allowed to invest and purchase up to a 49 percent share in our gas transport system. We would be happy to see German investors in Ukraine,” Yatsenyuk said following a meeting with German Chancellor Angela Merkel in Berlin.

In September 2014, Ukrainian President Petro Poroshenko signed legislation authorizing the government to establish an operator for the gas transportation system, allowing investors from the United States and Europe to secure up to a 49 percent share in it.
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