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Tue 12 to Thu 14 Feb 2013

Ukraine president visits Turkmenistan to ease reliance on Russian gas

  • By Yafit Lazar and 1 other
  • Last Update: 4 years ago
  • Turkmenistan

Ukraine's President Viktor Yanukovich is scheduled to visit  Turkmenistan with gas trade taking the centre of the stage at the talks with Turkmen officials.

The supply of Turkmen gas to Ukraine promises to top the agenda during Yanukovich's stay as his government is struggling to reduce its dependence on expensive Russian gas.

So far, Ukraine has failed in its attempts to renegotiate the Russian deal. The country reduced imports from Russia last year, but that strategy backfired when Moscow sent Kiev a $7 billion bill for the gas it had refused to buy, using a "take or pay" clause. - Ukraine leader to seek Turkmen gas to ease reliance on Russi

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