Spectator on facebook

Spectator on facebook

PM: Transfer of pipeline from SPP to Eustream not currently possible

The proposed transfer of a transit gas pipeline from the Slovak gas utility Slovenský Plynárenský Priemysel (SPP) to its daughter company Eustream cannot proceed at present, Prime Minister Iveta Radičová said after a government session on Wednesday, March 7.

The proposed transfer of a transit gas pipeline from the Slovak gas utility Slovenský Plynárenský Priemysel (SPP) to its daughter company Eustream cannot proceed at present, Prime Minister Iveta Radičová said after a government session on Wednesday, March 7.

According to Radičová, the cabinet recently passed a resolution banning all state representatives on the board of SPP from voting for such a transfer. Furthermore, the National Property Fund (FNM) cannot attend the extraordinary SPP General Assembly set for March 8, as it is currently without a chairman, thus rendering the General Assembly inquorate. Radičová said that SPP had been notified of the current situation in advance.

"They were waiting for a statute change or the appointment of a new [FNM] chairman, but seeing as neither the statute nor the law has been changed and the chairman hasn't been appointed, the new government resolution is that no such transfer is possible," she said as quoted by the TASR newswire.

Source: TASR

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

How rock music helped bring down the totalitarian regime Video

A new film shows that Rock & Roll, forbidden in the Soviet Union, helped to end the Cold War.

Illustrative Stock Photo

Movies under an open sky feel differently than in an air-conditioned cinema Photo

The popularity of outdoor cinemas is increasing in Bratislava

Bažant Kinematograf on the Magio Pláž beach

Peter Sagan announces split with his wife Katarína

The Slovak cycling star who has a young son said “It will be much better this way”.

Peter Sagan marries Katarína, November 2015.

Top 3 news from Last Week in Slovakia Video

Slovakia to buy 14 American fighter jets.

This archive picture from 2014 shows an older model of the F-16 fighter jets.