Naftogaz believes Rotschild banks' tender to select intl partner to manage Ukrainian GTS optimal

National joint-stock company Naftogaz Ukrainy believes that the holding of a tender by Rotschild bank to select an international partner to manage the gas transport system (GTS) of Ukraine is optimal, Naftogaz Chief Commercial Director Yuriy Vintrenko said at a press conference in Kyiv on Wednesday.

"Legislation determines powers of the government to approve the conditions of the tender… Our position is that the tender should be held by professionals – those who at least once attracted a partner and carried out these projects. We have attracted the investment bank Rotschild for this purpose," he said.

Vitrenko said that earlier Naftogaz and Ukrtransgaz carried out preparatory work. At present, two groups of large European companies have shown their interest in managing the Ukrainian GTS.

Earlier the government announced a tender to select an international partner to manage the Ukrainian GTS.