Sunday, August 20, 2006

Ukraine fears energy crisis as gas prices bite

Ukraine may still face an energy crisis this winter, Deputy Prime Minister Andriy Klyuev said yesterday, despite assurances from Russia that it will not sharply raise the price of gas supplies to its neighbour.

Klyuev, who oversees the energy sector, chaired a government meeting to discuss preparations for winter and avoid a repeat of a gas crisis that hit Ukraine and Europe in January when Russia cut supplies to Kiev due to a pricing row.

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