The Prime Minister of Ukraine Arseniy Yatsenyuk,
speaking on this issue at the session hall of the Parliament, stressed that pursuant
to the law “the Ukrainian gas transportation system remains 100% state
In addition, the law envisages that "the
Ukrainian government announces a public tender targeting to attract investors
to participate in modernization and operation of the Ukrainian GTS".
According to the Head of the Government, to be an investor, pursuant to the
law, can only be a company from the European Union’s member country, the one
having relevant certification, or from the United States of America. He
explained: "The so-called operator company is controlled exceptionally
by the Ukrainian state, at that 51% owned by the state, 49% can be received
by the EU or the U.S.A.”
Moreover, the Government, according to him,
accepts an offer of the MPs to take a final decision on approval of the
investors within the walls of the Verkhovna Rada of Ukraine. "The Constitution
of Ukraine does not provide an extended interpretation of the parliamentary
capacities to take such a decision, but I consider it a correct political
decision. Governments change, presidents change, and to ensure a balance of
powers in such a difficult issue it proves vital an additional control of the
Verkhovna Rada of Ukraine", - said Arseniy Yatsenyuk.
issue requiring attention, according
to the Head of the Government, is an offer to make information about a
company public, the one that will participate in the tender for the
modernization of the Ukrainian GTS: "During the competition, a company being
a resident either of the EU or the United States, is obliged to disclose all
the information about the property structure and all the beneficiaries being
the owners of the company. It should be an essential condition”.
Besides, the Prime Minister of Ukraine noted, if a
company winning the tender, decides to change its ownership structure, such a
decision should be agreed with the Ukrainian side. "The motivation for
the Government is clear and correct. It may happen that the winner is a
company-resident of the EU, and after certain time it will change its
ownership structure, and this ownership may happen
to be of an aggressor country, for instance”.
Furthermore, in order to provide the
Parliament and the people of Ukraine with an opportunity to obtain reliable information
about the activity of an investor company, they should issue reports,
including also to the Verkhovna Rada of Ukraine, once in every 5 years.
According to Arseniy Yatsenyuk,
the Government is well aware that additional requirements affect the bill:
"There is no queue now to invest in the Ukrainian gas transport system.
But we must take the first step to encourage the EU and the U.S., to obtain
additional funds as investments, to make the EU interested in increasing gas
transit via the territory of Ukraine and, respectively, to earn more funds
together. And to ensure the European Union to be consistent. The sequence is
as follows: if we are together, if we have signed the political section of
the Association Agreement, this means we should help each other. And we do
not build the South Stream that was designed exceptionally against Ukraine
and is being built with the only purpose - to bypass Ukraine".
The Prime Minister of
Ukraine Arseniy Yatsenyuk also stressed that to diversify energy supplies it
is viewed as important not just to ratify and sign the Third Energy Package,
the EU and Ukraine have signed, but to implement it.
"So the goal of the
law is to have the EU and the U.S. as operators of the Ukrainian gas
transportation system in which Ukraine controls the company and where the
ownership of the Ukrainian GTS and Ukrainian storages remains 100% in
possession of the Ukrainian state. It won’t be simple to attract investors,
but at least it gives an opportunity to launch political and economic
negotiations with our western partners," - said Arseniy Yatsenyuk.