Ukraine is making a lot of progress in its attempt to diversify gas supplies to avoid paying extortionate prices to Russia’s Gazprom, Prime Minister Mykola Azarov said on Jan. 18.
He said the nation plans to extract up to 2 billion cubic meters of gas on the Black Sea shelf, and can potentially buy up to 5 billion cubic meters of gas from Germany if the price is right.
“We will extract more gas than Romania and Turkey do on the [Black Sea] shelf,” Azarov said.
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(Photo: Jayesh Nair)