KIEV, Feb. 16 ??“ Fuel and Energy Minister Yuriy Boyko says that European banks intend to invest EUR 500 million in the development of Ukraine's gas transport system in 2007.

"We're working very fruitfully with the European Union in that direction??¦ Today we've met with EU delegates: we'll receive almost EUR 500 million from European banks this year for the development of the gas transport system ??¦" he said on Thursday evening in the air on 5th TV Channel.