Ukraine during negotiations on gas issue has never supported privatization of the national transportation system, President of Ukraine Viktor Yanukovych said at a meeting with the leadership of the Verkhovna Rada and the heads of parliamentary factions, the press service of the head of state reports.

"Generally speaking, the word "privatization" has never been used during any negotiations with anyone. We did not use the word "privatization". It's all rumors or speculation, perhaps, even provocation," Yanukovych said.

According to the President, the Ukrainian gas transportation system is now being prepared for its modernization.

He stressed that the modernization of the Ukrainian GTS is aimed primarily at maintaining the technical reliability of the system, as well as maintaining certain volumes of the gas flow.

According to the head of state, this can be achieved by combining efforts of consumers, transiters and gas suppliers.

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