The Prime
Minister of Ukraine Yulia Tymoshenko announces Ukraine views Japan as a key investor of the project on
modernization and reconstruction of gas transport system of Ukraine. A respective statement was made by
the Head of Government during the press conference today.
Yulia Tymoshenko
imparted around Ukrainian program of modernization of the GTS a huge amount of
investors gathered at the conference in Brussels – “it means investments will come
to Ukraine”.
The Premier
stressed to carry out modernization and reconstruction of Ukrainian GTS only
5.5 billion dollars are in need. This, according to the Head of Government, will
increase the amount of transported gas along Ukrainian gas mains almost
1.5fold.
Yulia Tymoshenko
emphasized after the system is modernized the shipment of the Russian gas to Europe will necessitate significantly lower
amount of process gas, which means significant reduction of cost of transit.
According
to the Prime Minister, a system of assessment of gas transported through the
GTS has been improved: “After modernization and reconstruction we will have a
system of gas assessment of 100% quality”.
Besides, according
to Yulia Tymoshenko, modernization will assist to cut carbon emissions at the
account of which Ukraine will receive additional quotas
within the framework of Kyoto Protocol, realization of which can cover significant
part of credits. The Head of Government also added together with reconstruction
of the GTS use of derived energy will improve and enable obtaining additional
amounts of electric energy.
Source: Goverment portal
