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Ukraine makes first step to let EU, US co-manage national gas pipes

Published time: July 04, 2014 09:59
RIA Novosti/Vitaliy Belousov

RIA Novosti/Vitaliy Belousov

The Ukrainian parliament has passed the first reading of a bill allowing western companies to own up to 49 percent of the national gas transportation system (GTS), which is currently totally owned by Naftogaz Ukraine.

The 229 - 221 Friday vote means a foreign operator will be able to manage, be licensed to operate, or lease Ukraine’s gas pipelines or its underground storage, RIA reports.

On top of that, the Ukrainian government can set up a separate operator for the underground gas storage, where US and European companies could also get a 49 percent stake.

Prime Minister Arseniy Yatsenyuk, who proposed the bill, said it was a part of a bigger initiative to modernize Ukraine’s GTS and also strengthen Ukraine’s position as a transit country.

“Those who want to turn Ukraine’s pipes into scrap, play along with Russia in construction of South Stream, those don’t vote for the bill,” Yatsenyuk said on Thursday when the bill was first turned down.

On Friday, Ukraine’s Rada also passed a bill to let the Cabinet of Ministers introduce special provisions in its fuel and energy sector for times of limited energy supplies in the country.

To become a law, these bills need to pass through two more hearings in the Rada, as well as require a signature of President Petro Poroshenko.

Comments (72)

 

iluv 2sing 25.07.2014 17:09

Ok. This helps shed some light on why the US and the EU helped to depose a democratically elected Ukrainian president (pro-Russian) only to replace him with pro-Western Billionaire CandyMan! The West (i.e., the IMF) only sticks it's greedy nose in the affairs of countries that have something to offer be it a commodity, slave labour, etc...I'm starting to understand the pattern!

 

David Mason 14.07.2014 05:13

MEJanssen 08.07.2014 21:34



Some of us Americans are worried about her, too. She is pandering too much to the war hawks in her efforts to raise campaign funds.

  


Don't worry about her specifically as there are others behind her. It doesn't matter who will become a president.

That said, the opportunity to wage a war with Russia had passed. The best chance you had was at the turn of the century. If you were pussies then, you have no guts to do it now...

 

David Mason 14.07.2014 05:05

deepwater 06.07.2014 19:38

I feel so horrible about what is happening in Ukraine!!! And I am an American! What a position to be in-- rooting for Putin and yet, if he bombs us to smitherins, where will that put me?!~ :(

  


Chill out American! Have you not paid any attention to how well your pension fund was doing lately? Once Ukraine is sold to American and EU companies you'll be the owner and Ukrainians will become slaves. Nothing but a sweet and prosperous retirement is ahead for you American. Now tell me you ain't liking Obama and your government!?

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