16
Jan
2012

No transit pipeline sale to Russia: Ukraine

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Ukraine’s energy minister Yuri Boiko said on Friday that the country would not consider selling its gas transit pipeline network to Russia as part of on-going gas supply negotiations. Gazprom had been interested in a deal, but said that Ukraine’s valuation of its pipelines – around $visual_editor0 billion – is “over-estimated”. Despite the stance on pipelines, Boiko said that Ukraine will honour its current gas deal with Russia if no agreement is reached on a revised contract.

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