Economy World

Tymoshenko warns against the sale of Ukrainian gas pipelines

Former Ukrainian Prime Minister Yulia Tymoshenko, who was sentenced to seven years in prison for abuse of power at the conclusion of a gas contract with Russia, warned the President of Ukraine Viktor Yanukovych against the sale of pipeline transport services.

“Do not give our transmission pipelines, as they are our last strategic resource,” she said in an open letter addressed to Mr. Yanukovich. Entitled “Letter to a dictator”, this message was posted on the website of the party Batkivchtchina (Fatherland), led by the former face of the “Orange Revolution”.

Tymoshenko was sentenced to seven years in prison for having exceeded its powers in concluding in January 2009, a gas deal between Russia’s Gazprom and Ukrainian Naftogaz. The signing of this document follows a crisis that had blocked deliveries of Russian gas to Europe.

Ukraine seeks for months to lower the price of gas purchased from Russia. Moscow agrees to revise the price, but in exchange requires the control of transmission pipelines in Ukraine. The two countries do not exclude the possibility of creating a consortium partner responsible for managing the pipeline, but the format of this joint venture is not yet defined.

Share and Enjoy

  • Facebook
  • Twitter
  • Delicious
  • LinkedIn
  • StumbleUpon
  • Add to favorites
  • Email
  • RSS