Ukraine’s Naftogaz estimates gas pipe network modernization at $3.5 bln

Ukraine’s Soviet-era gas pipeline network needs $3.5 billion for its modernization expected to start this year, a senior executive of the national oil and gas company Naftogaz said on Sunday. “As we outlined in the master plan, modernization will cost about $3.5 billion, which is much less than the cost of all alternative routes that […]