Ukraine has proposed that Russia and the European Union build a new gas pipeline across its territory to increase Russian gas transit to Europe, President Viktor Yanukovych said on Friday.
"As far as the gas transportation system is concerned, we have our own concept, which we proposed to our partners in the EU and Russia. This concept envisions the establishment of a joint EU-Russian-Ukrainian company to build a gas pipeline across Ukrainian territory, which would ensure extra gas transit to Europe," Yanukovych said at a news conference.