Thursday, August 21, 2014

Shell won't take part in establishing operator for Ukrainian gas system. (the company is not ready to ruin its reputation in Russia)

Shell refused to take part in the creation of the operator of the gas transportation system of Ukraine.

Shell, which is a partner of Russia's Gazprom in "Sakhalin-2" and "Gazprom Oil" project to extract oil Salym Petroleum, will not apply to participate in the creation of the operator of the gas transportation system of Ukraine, the head of the department of public relations of Shell-Ukraine, Anna Dumanskaya said.


"At this stage, Shell is not interested in investing either in the Ukrainian gas transportation system or the system of underground gas storage facilities," Dumanskaya said, the Izvestia newspaper wrote.

A source close to Shell made ​​it clear that the company was investing in projects for the transportation of hydrocarbons, whist the pipeline project involves the pumping of its own energy resources. Here, it goes about participation in the modernization of pipelines for the transit of Russian gas to Europe. Experts believe that the decision of the company is politically motivated: the company is not ready to ruin its reputation in Russia.

In the near future, Naftogaz of Ukraine intends to begin formal negotiations with gas networks operators for their participation in the management of the Ukrainian GTS.

http://english.pravda.ru/news/business/21-08-2014/128335-shell_ukraine-0/#.U_YF7KPQqt8
21/8/14
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