Gaz-System and Ukrtransgaz sign gas link deal

Poland's Gaz-System has signed an agreement with Ukraine's Ukrtransgas to build a gas link which will increase export capacity to Ukraine to 5 billion cubic meters by 2020, from the current 1.5 billion cubic meters. The link wI'll connect the Hermanowice gas node on the Polish side and Bilche Volytsia on the Ukrainian side. "The signed agreement regulates the cooperation of both operators during the engineering phase and - depending on the investment decision - during future the implementation phase," Gaz-System said in a statement. Based on the results of those procedures, the companies will make a final investment decision, given clearance from national regulators and in accordance with Polish and Ukrainian law.