Ukraine in Talks with Europe to Modernize and Maintain Gas Infrastructure

ITAR-TASS reported today that Kiev is in talks with European gas companies regarding a national gas consortium that would help Ukraine with its natural gas transportation system. Ukraine’s parliament-appointed Minister of Energy and Coal Industry Yuriy Prodan told ITAR-TASS that he country has forwarded proposals to European gas companies, but that Kiev is not in talks with Moscow concerning the issue.

As quoted in the market news:

Parliament-appointed Prime Minister of Ukraine Arseniy Yatsenyuk told a news conference on Tuesday that Kiev was set “to discuss joint maintenance and modernization of Ukraine’s gas transportation system” with American and European investors.

Click here to read the full ITAR-TASS article.