Ukraine continues the negotiations aimed at attracting investment to upgrade the Ukrainian gas transportation system (GTS), Fuel and Energy Minister Yuriy Boiko has said.
"The GTS modernization is one of the key issues of our energy policy, and we continue the talks on attracting investment into its modernization. We are making progress and we want to speed it up," Boiko said in Brussels on Thursday ahead of a meeting with European Commissioner for Energy Gunther Oettinger.
The minister said that the modernization of the GTS envisages several stages of financing, the first one being EUR 300 million for the upgrading of the Urengoi-Pomary-Uzhgorod trunk pipeline.
