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Ukraine offers Russia and the European Union to upgrade jointly the Ukrainian gas transit system. “The modernization project of the Ukrainian gas transit system is unviable without Europe,” Ukrainian President Viktor Yanukovich said in an interview with Ukrainian television channels on Friday, Dec. 24. Read the story here.

“We should pursue the policy that will convince our partners of our reliability. Russia and Europe will receive the access to the control of the Ukrainian gas transit system. The modernization project will turn them in stockholders with the access to the information on how this system operates through the board of directors and the supervisory board of the consortium,” Yanukovich said.