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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 (76)


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!


Suzanne Majo De Kuyper 14.07.2014 13:10

Hilary was in charge of gutting Libya and Qadaffi. She knew of the 9/11 government coup plot, approved it. She has been lionising and copying Kissinger for years. He also is provably insane and has been throughout his whole paranoid career.


Suzanne Majo De Kuyper 14.07.2014 13:07

Hilary is provably insane. Many of her peers are sure something is really permanently 'off'. Which is why the US government wants her in!
This gas deal in Ukraine ends the European Union power
and future.

View all comments (76)
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