Ukraine should invest in its gas pipeline system to keep a long tem role as a transit country for Russian gas,
Tuesday, August 21, 2018

Ukraine should invest in its gas pipeline system to keep a long tem role as a transit country for Russian gas,

Ukraine should invest in its gas pipeline system to keep a long tem role as a transit country for Russian gas, Steffen Seibert, spokesman for German Chancellor Angel Merkel, told reporters in Berlin Monday, responding to questions about Merkel’s meeting in Germany on Saturday with Russian President, Vladimir Putin. Naftogaz and Ukrtransgaz have developed a 10-year plan to modernize Ukraine’s gas transportation system, a project that includes investing $250 million to rebuild four compressor stations. Germany maintains that Nord Stream 2 Baltic pipeline is an ‘economic project’ and that Russian gas should continue to flow through Ukraine to Europe in the 2020s.

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