International Investment Conference on Modernization of Ukraine's Gas Transit System
Ukraine is a key transit country for oil and gas supplies from Russia to the EU and has expressed its wish to be integrated in the EU and South East Europe electricity markets.
Energy is therefore a sector that will continue to be at the centre of EU-Ukraine relations and where co-operation will continue to grow substantially over the coming years.
The conference is co-hosted by the European Commission and by Ukraine.
| Date | 23/03/2009 |
|---|---|
| Location | Brussels |
| Host | European Commission/Ukraine |
| Event URL | http://ec.europa.eu/external_relations/energy/eu_ukraine_en.htm |
| Released | 25/02/2009 |
| Contributor | David Conway |
| Geographical coverage | U |
| Keywords | Ukkraine, gas, transit |
The gas transit system of Ukraine represents the backbone of gas supplies to Europe, accounting for 20% of the EU’s gas consumption and 80% of Russian gas exports to the EU, as well as carrying substantial quantities of Central Asian gas.
In this context, an International Investment Conference on the Modernisation of Ukraine's Gas Transit System is scheduled to take place in Brussels on 23rd March 2009.
This conference, to be co-hosted by the European Commission and Ukraine, will bring together representatives of the EU, Ukraine and third countries, as well as international financial institutions and the private sector.