Ukraine has ceased buying gas from Europe and will instead purchase the fuel solely from Russia, as it offers the lowest prices, Ukraine’s energy minister said Thursday.
Russian gas is “the most profitable [supply option] for today,” said Ukraine’s Energy and Coal Industry Minister Eduard Stavitsky.
Kiev has been buying gas from Poland and Hungary over the last two years and was close to striking another gas deal with Slovakia in a bid to reduce its dependence on Russian supplies, amid political tension over Ukraine’s previous policy of gradual economic alignment with Europe.
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