Thanks to a $3.65 billion deal with China Development Bank Corporation, Ukraine will gradually work towards the gasification of coal to reduce its dependency on natural gas by about 4 billion cubic meters, for a savings of up to $1.5 billion.
What this means, exactly, is that Ukraine will develop and use modern coal-water slurry fuel technology and construct new plants to gasify coal to allow it to reduce its consumption substantially and increase gross volumes of internal production.
