MOSCOW, Nov. 28 - The rise of gas prices in Ukraine makes the production of methane from coal seams profitable, Chairman of Itera Oil and Gas Company Board of Directors Igor Makarov said in an interview with the Gazprom corporate magazine.

"Itera is currently planning to produce coal methane in Ukraine where consumers already pay over $100 for [1,000 cubic meters of] gas, and this index will soon grow," he said.