Evaluation results of the Ukrainian gas transport system will be available in two-three weeks, energy and coal industry minister of Ukraine Yuri Boiko said.

Answering the question when there will be the evaluation results, Boiko said: "It may be within two or three weeks."

According to him, Baker Tilly prepares three options of assessment. "Two options have been finished, and one more is at the final stage," the minister said.

Ukraine initiated an independent evaluation of the Ukrainian gas transportation assets to form a negotiating position on the establishment of a tripartite consortium to manage the GTS with the participation of Russia and the EU. In addition, the evaluation is necessary in the framework of negotiations on attracting of the European investments in the modernization of gas pipelines.

In March, "Naftogaz of Ukraine" chose "Baker Tilly Ukraine" as an evaluator of the GTS at appropriate category. The cost of the auditor accepted by the state holdings amounted to 4.1 million hryvnia (506 thousand dollar). Duff & Phelps from New York and Kyiv division of Ernst & Young also attended the competition.

"Naftogaz" reported that on August 1, 2012, it received from Baker Tilly a report on the valuation of assets of the main pipeline transport of gas in Ukraine including underground gas storage and infrastructure facilities.


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