Ukraine is offering two natural-gas exploration and extraction licenses to reduce its dependence on Russian imports and help unfreeze an international bailout, Energy and Coal Industry Minister Yuriy Boyko said.
Ukraine will be able to purchase as much as 10 billion cubic meters of natural gas a year once it builds a liquefied natural gas terminal in Odessa, Interfax- Ukraine news agency reported, citing Fuel and Energy Minister Yuriy Boyko .
Ukraine will increase coal production by 10 percent this year, Energy Minister Yuriy Boyko told the government meeting today in Kiev. The country will produce 77 million metric tons of coal this year and as much as 82 million tons in 2012, Boyko said.
Ukraine may reach agreement with Russia this summer on revised natural-gas transit terms, Ukrainian Fuel and Energy Minister Yuriy Boyko said in a interview televised yesterday by Ukraine broadcaster ICTV.