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Nation    

Ukraine to seek changes in ‘extremely unfavorable’ 10yr natgas deal
Journal Staff Report

KIEV, Aug. 25 - Ukraine will seek to renegotiate its key 10-year natural gas agreement with Russia because its terms are “extremely unfavorable,” Prime Minister Mykola Azarov said on Wednesday.

The agreement, which ended three-week gas supply disruptions between Russia and the European Union via Ukraine in January 2009, had set a special formula to calculate quarterly natural gas prices that Ukraine pays Russia.




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