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Official proposes to create joint consortium with US and EU to manage GTS

Source : 112 Ukraine

When all companies gain access to the Gas Transmission System, it will help create a market and Russia's export monopoly on gas sales to Europe will be lifted
11:33, 9 June 2021

Olena Zerkal
Open source

Adviser to the Energy Minister Olena Zerkal proposes to return to the idea of establishing a joint consortium with the US and the EU to manage the Gas Transmission System to eliminate Russia's export monopoly on gas sales to Europe, and the risks associated with the launch of Nord Stream 2. Zerkal said this on the air of Freedom of Speech talk show on ICTV TV channel, as the press service of the Ministry of Energy reports.

“Nord Stream 2 has become a stumbling block for the whole of Europe and for transatlantic relations. This is no longer just a question of Ukraine. This gas pipeline has become an issue and the subject of international negotiations at the highest level,” Zerkal said.

She believes that Ukraine should come up with a strategic proposal that provides for the security of the state. There are several possible mechanisms for this.

"This may be the same idea that we had in 2019 concerning a joint consortium involving European and American companies in the use of the Ukrainian pipeline," the official said.

Related: Naftogaz-Ukraine delegation goes to Washington for talks on sanctions against Nord Stream 2

According to her, this will put pressure on the Russian Federation to lift the export monopoly on gas sales through the pipeline to Europe. When all companies have access to the GTS, it will help create a market. Then gas will become a commodity and will cease to be an instrument of political pressure and blackmail.

On June 4, Putin stated that the laying of the first line of the Nord Stream 2 has finished.

German government spokesman Steffen Seibert said that it was extremely important for Berlin to maintain Ukraine's status as a gas transit country even after Nord Stream 2 is put into operation.

Related: Ukraine Foreign Minister holds talks on fate of Nord Stream 2 and Normandy Format

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