Kiev needs at least $3 billion for gas overhaul

Kiev needs at least $3 billion for gas overhaul
Kiev, Ukraine (UPI) Apr 23, 2013 - More than $3 billion is needed to overhaul the Soviet-era natural gas transit network in Ukraine, Ukrainian Energy Minister Yuri Prodan said Wednesday. European consumers rely on Russian energy company Gazprom for about a quarter of their annual gas needs, though the bulk of those supplies runs through Ukraine's pipeline network. "In order for the gas transport system to operate ... morehttp://www.energy-daily.com/reports/Kiev_needs_at_least_3_billion_for_gas_overhaul_999.html