According to Chuprun, the estimation of GTS is necessary for creation of the three-partied consortium on management and modernization of GTS, as well as for avoiding any speculations during negotiations on 'gas issues'.
As a reminder, European financial institutions in June-July 2012 will earmark the first EUR 300 million of a loan for the project to upgrade the Ukrainian gas transit system (GTS), EU Energy Commissioner Gunther Oettinger said after a meeting with Ukrainian Minister of Energy and Coal Industry Yuriy Boiko on March 22 in Brussels.
"We have analyzed the situation, including at the level of expert advice, and approved a decision that the European Bank for Reconstruction and Development, the European Investment Bank and other participants will join the first project [reconstruction of the Ukrainian gas transit system - ed.] at the latest by June-July this year,” Oettinger emphasized.
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