Naftogaz proposes the government sell 49% of the gas transit system.
Wednesday, September 12, 2018

Naftogaz proposes the government sell 49% of the gas transit system.

Naftogaz proposes the government sell 49% of the gas transit system. The state energy company writes to Prime Minister Groysman that the government could earn $7 billion by selling to a recognized international investor and the foreign investor might help preserve Russia’s use of the line, the Ukrainian News agency reports. Concorde Capital’s Alexander Paraschiy writes: “A possible sale of a stake in the GTS operator will secure high FDI inflow and improve the chances that Ukraine’s export proceeds from gas transit services won’t plummet after 2020…it’s hard to estimate whether and when such a deal can happen.”

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