Minister: Ukraine Works Against South Stream

Business » ENERGY | April 2, 2011, Saturday // 10:21

The South Stream natural gas pipeline project is not in the best interest of Ukraine and the country is working against it, according to Ukrainian Minister of Energy Yuriy Boyko.

Boyko said his country is undergoing "tense discussions" with Russia, the main country supporting the project, set to deliver gas to southern and central Europe, bypassing Ukraine.

"South Stream is a political project of our Russian partners, who want to create an excess of transit capacities for gas, like what they did back in the day for oil," said the Ukrainian minister, quoted by MIGnews.

Boyko said that in collaboration with Ukraine's "EU partners," the country will be putting efforts so that in the end the pipeline be not built.

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Tags: Ukraine, Russia, natural gas, South stream

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