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'..Europe could in theory cover 90 percent of Ukraine's import needs.'

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'Ukraine will need a new price agreement with Gazprom from Apr. 1, when a Russian discount offer expires, and Kobolyev said he wanted it to be based on a mixture of spot pricing and traditional oil-indexed pricing.'

<blockquote>'[Kobolyev] said the capacity of pipelines that can deliver gas from Europe had been expanded so much in recent months that Europe could in theory cover 90 percent of Ukraine's import needs.

Over the next few years, Ukraine hopes to pass legislation that would limit imports from a single supplier to 33 percent of the total, similar to the limit in some EU countries.

Ukraine will need a new price agreement with Gazprom from Apr. 1, when a Russian discount offer expires, and Kobolyev said he wanted it to be based on a mixture of spot pricing and traditional oil-indexed pricing.

"We want a sensible commercial compromise," he said. "We want a totally transparent deal."

The European Union helped to broker the last gas supply agreement after Russia cut off supplies to Ukraine in a price dispute triggered by the political turmoil in Kiev.

Kobolyev said he wanted new talks, with EU participation, to begin this month.

He said Naftogaz was still supplying gas to parts of east Ukraine that are under rebel control despite accumulated non-payments of around $350 million for deliveries of around 1 bcm since October.'

- Ukraine Could Buy More Gas From Europe Than Russia This Year, January 23 2015</blockquote>


Context

<blockquote>'..Europe .. to turn to alternative energy sources for its survival..'

(Green Energy Mix) - '..Totally Clean-Powered in [20]35.'

(Oil target bandwidth price: $20 - $40) - '..shale oil .. remains commercially viable .. below $42..' ('The United States should lift the ban on exporting oil and natural gas because it could bolster national security and create jobs, former Energy Secretary Bill Richardson told CNBC on Friday.' - Source, December 12, 2014)


'..Ukraine and the West must understand what Putin is doing and call it by its rightful names: invasion, Anschluss, provocation, intimidation, and panic-sowing..'

'..[Mr. Putin] has made clear that he embraces confrontation with the West..'

John McCain ..on the situation in Ukraine</blockquote>