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Ukraine poised to build new gas pipeline

      RBC, 16.02.2007, Kiev 19:55:20.Ukraine is interested in joint construction of the Bogorodchany-Uzhgorod gas pipeline with Russia, Ukrainian Prime Minister Viktor Yanukovich told journalists today. According to the PM, though Ukraine and Russia have interests and objectives of their own that they are consistently pursuing, this does not prevent them from making forward-looking plans.

      Yanukovich believes the construction of the Bogorodchany-Uzhgorod gas pipeline to be essential to both Russia, as an exporter of natural gas to Europe, and the EU, which is in constant need of increasing its energy supplies. The PM also slammed the law, which was recently passed by the Ukrainian parliament on Yulia Timoshenko's initiative, prohibiting privatization of Ukraine's gas transportation system.

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