28.04.2014

Eustream signs Memorandum with Ukrtransgaz in attendance of top representatives of Slovakia and the European Union.

The company Eustream and Ukrtransgaz have signed a Memorandum of Understanding on a potential solution to the transmission of gas in the direction from Slovakia to Ukraine.

Chairman of the Board of Directors of Eustream Tomáš Mareček promised that the Slovak transmission system operator would do the maximum to facilitate the transmission of gas to Ukraine with the maximum possible volume enabled by the Vojany-Užhorod gas pipeline already from the beginning of October this year.

“Top representatives of the European Commission requested us to shorten the terms for technical preparations for launching the Vojany pipeline and to increase the capacity to a maximum. We promised that we would do everything in this respect within our technical possibilities and transmission regulations to ensure that in accelerated mode we will attain a volume of 8-9 billion cubic metres of gas a year, said Tomáš Mareček after the signing of the Memorandum.

The ceremony was attended by Slovak Minister of Economy Tomáš Malatinský, Ukrainian Minister for Energy Juriy Prodan and also Slovak Prime Minister Robert Fico and head of the European Commission José Manuel Barroso.

“I believe that all the points agreed in the Memorandum will be put into effect in a short time”, said PM Fico.
"This Memorandum is also about the effort to diversify gas supplies in Europe. Furthermore, it boosts the security of the European Union,“ Barroso said in Bratislava on Monday.
"It is important that Ukraine makes speedy progress in unifying its legal and regulatory framework with the energy legislation of the EU. This increases the trust of investors and helps the country modernise its energy sector”, noted European Commissioner for Energy Günther Oettinger.
All News