Ukraine's Response to "South Stream"

8:20 PM Posted by Baris Sanli
This is an interesting piece to read...
"I see a few key elements for strengthening the energy security of Ukraine. First - development of its shale gas and coal deposits of methane gas, as well as the development of gas fields in the Black Sea shelf. The second - strengthening energy cooperation with Europe, particularly in the context of the potential construction of new pipelines through Turkish territory. Third - Ukraine needs to improve energy efficiency. Fourth - the price reform, which should be done carefully and structured to minimize the negative impact on the industry and low-income categories of consumers ", - said R. Mills."
"Ukraine has significant potential shale gas, which was estimated preliminarily to 11.3 trillion cubic meters"
"Gazprom" in the project owned 50% of Italian concern Eni - 20%, France's EDF and German Wintershall - 15% of the shares.

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