29.02.16 15:45

Ukraine should remain important gas transit hub, - European Commission Vice-President Maroš Šefčovič

European companies should take part in future privatization of some gas storage facilities.

Maroš Šefčovič said in his written answers to questions by UNIAN on the eve of his visit to Ukraine on March 1, Censor.NET reports.

Answering the question whether European companies would be interested in being involved in the management of the Ukrainian gas system he said: "The current reforms in the energy sector aim, inter alia, at attracting (foreign) investors to the Ukrainian energy market. Ukraine is and should remain an important gas transit country. The participation of European companies could be interesting in maintaining and strengthening this role. "

Read more: European Commission set to reduce EU's dependence on Russian gas

Šefčovič stated that European companies may play a similar role in terms of certain underground gas storage facilities in Ukraine that the country plans to privatize, adding that Ukraine's gas storage system "is an important and valuable asset."

Talking about the implementation of the Third Energy Package by EU member states and assessing the situation in Slovenia where Russian Gazprom is blocking a reverse for Ukraine, the vice-president noted that the adoption and implementation of internal energy market legislation is "an important objective not only for EU member states but also for all countries being members of the Energy Union, including Ukraine. Reverse flows are an important contribution to enhancing energy security."

Read more: Slovakia deems Nord Stream II politically motivated project against Ukraine, - Foreign Minister Lajčák

When asked about the effectiveness of diversification for the EU in the situation where one Russian project will compete with another Russian project (Nord Stream and South Stream), Šefčovič noted that the diversification is "an important objective of the Energy Union. It implies diversification in terms of routes and sources."
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