Thursday, July 24, 2008

President: Ukraine is a reliable energy resources transit partner

At his joint press availability with Chancellor Angela Merkel, President Victor Yushchenko stressed assurance that Ukraine is a reliable partner in transit of energy resources to the European Union.

“We are the country, which transits more than 80% of Russian natural gas to the EU and we understand how important this unique mission is. Therefore we will be carefully observing our obligations”, - said Victor Yushchenko.

He also said that Ukraine would want the EU to see its oil and gas transit systems as an integral part of the European energy market.

From her part Chancellor Merkel said that it would be reasonable to discuss establishment of a single network for transiting oil and gas from the Baltic to the Black and the Caspian seas. According to her there would be no reason speaking about plans of such energy resources transit system that would exclude Ukraine.