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Tymoshenko promises not to allow privatization of Ukraine's gas transportation system

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Nov. 16, 2009, 7:31 p.m. | Ukraine — by Interfax-Ukraine
Ukrainian Prime Minister Yulia Tymoshenko has said she will never allow the privatization of Ukraine's gas transportation system. "Wherever I am – in power or in opposition – I will never allow the privatization of our gas transportation system, the formation of any international consortiums, or any other encroachments by other states on our gas transportation system, because it is our national treasure, which must always remain in the state ownership of Ukraine," Tymoshenko said in a statement concerning the inadmissibility of the privatization of Ukraine's GTS, which was posted on the government's Web site on Monday.

The premier said that all the rumors that Ukraine might sell the GTS were rumors started because of the presidential election campaign.
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Anonymous Nov. 16, 2009, 11:37 p.m.    

Ukraine may have to, There is nothing wrong with the corporatization of the GTS. It could be done under license. The establishment of a consortium of government stakeholders is one such option. The other option is fro Ukraine to negotiate the purchase of 100% of gas that crosses Ukraine's boarder and Ukraine then on sells the gas to Europe.

The value of the pipe line is zero unless it has supply and can sereve its customers. Ukraine needs to invest billions of dollars in teh repair and maintenance of the GTS. Money quite frankly Ukraine does not have, Nor can it afford to service the loan. if it is corporatised or sold off under license then Ukraine would be able to impose taxation and rent.

Its all a question of teh terms of the license

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Anonymous Nov. 17, 2009, 12:01 a.m.    

Lots of hot air based on emmotion. It is amasing that there are no open debates on what is going on. Facts and figures and people who are not corrupt are needed to make the right choice, the last one is rare in Ukraine!!

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