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. Last Updated: 07/27/2016

Gazprom Backs Ukraine Bid

A tie-up of Russia and Ukraine’s state energy companies is an “absolutely pragmatic solution,” given their Soviet history, Gazprom chief executive Alexei Miller said Thursday.

“This idea is based on common history of the gas industry development in our countries,” Miller said after meeting with Ukrainian Fuel and Energy Minister Yury Boiko in Moscow. An overhaul of Ukraine’s pipelines should go “in lock step” with work because they were built as a single entity, he said.

(Bloomberg)