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    UPI: Ukraine sees independence in shale gas

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Summary

Ukrainian Prime Minister Mykola Azarov says Ukraine has enough natural gas from shale to "go it alone," and can satisfy its domestic needs without imports.

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Press Notes

UPI: Ukraine sees independence in shale gas

There's enough natural gas in Ukrainian shale plays to satisfy the country's needs without imports, said Ukrainian Prime Minister Mykola Azarov.

Ukraine aims to diversify an energy sector that depends in large part on Russian natural gas. The government is contesting a $7 billion bill from Russian company Gazprom for gas unused in 2012 under a "take-or-pay" contract.

Azarov said there may be enough shale natural gas for Ukraine to go it alone.  MORE