Unbundling of the Ukrainian Gas Transportation System: Quo Vadis
The importance of the Ukrainian gas transportation system (GTS) for the country’s economy and national security cannot be underestimated. Furthermore, the significant role of the GTS in ensuring the transit of natural gas to a number of countries in Central and Southern Europe is also internationally recognized. However, all of this does not change the fact that the GTS — and gas transportation and transit via GTS — is a business existing in the same way as other such businesses exist in Europe and in many other countries around the globe...
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