Poroshenko: Over dozen of foreign companies set to participate in Ukraine's GTS

More than a dozen world-famous companies have expressed their will to participate in the management of Ukraine's gas transmission system (GTS).

Read alsoPoroshenko invites Austrian companies to compete for Ukrainian GTS management rights"A great work was carried out. NJSC Naftogaz [National Joint-Stock Company Naftogaz of Ukraine] hired a consultant who is preparing a proposal regarding the transparent management of the gas transportation system of Ukraine in full compliance with international rules," Poroshenko said at a meeting with journalists on February 17 following the results of the participation in the Munich Security Conference, the presidential press service reported.

The president also noted that "over a dozen of world-famous companies have already expressed desire to participate in this process."

In his words, the government has already taken relevant important decisions. 

"And when we define the range of companies that will be able to provide gas transit, ensure an efficient modernization of the gas transportation network and provide the most benefit to the Ukrainian state in the operation of the gas transportation system, the best company will win," the head of state said, adding that a lot has already been done to this end.

As UNIAN reported earlier, the Cabinet plans on February 21-22 to hold the first round of negotiations with potential partners in managing the GTS. According to Deputy Prime Minister of Ukraine Volodymyr Kistion, there are already seven interested partners, two of whom are representing well-known gas consortiums.