Energy Headlines

August 19, 2010

European banks to invest 500 mln EUR into development of the Ukrainian gas transportation system.

European banks will invest almost 500 million EUR into development of the Ukrainian gas transportation system (GTS), Ukrainian Minister for Fuel and Energy Yuri Boyko said in the air of Channel 5, “Cabinet press office” reported.

He is confident that cooperation with the EU in the energy sphere will be enhanced, and Ukraine counts on European financing of not only separate projects, but of a whole program, which will be drafted together with the EU.

According to Boyko, next year Ukraine is invited to take part in construction of stripped gas terminals in Europe.

Source: ForUm


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