"We are today starting to
build cooperation with the European Union on the construction and
modernization of the gas transit system that may become a subject of
attracting investments," she said. Tymoshenko underlined that the
Ukrainian GTS can transport a considerably higher volume of 'blue fuel'
and not just from Russian gas fields.
"However, in order to implement
this in practice it is necessary to consolidate investment capacities
of those European countries that are interested in such
diversification," the Ukrainian Premier underscored. According to the
Cabinet of Ministers, an approximate volume of investments needed for
the GTS modernization is USD 2.57 billion.
The Ukrainian gas transit system annually delivers around 75 billion cubic meters of natural gas for domestic consumers and 110-120 billion cubic meters for consumers in 19 European states.
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