Ukraine Seeks to Build Black Sea LNG Terminal by End of 2016
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Ukraine aims to build a liquefied natural gas terminal on the Black Sea by the end of 2016 as it seeks to reduce dependence on Russian supplies.
The terminal will cost $1.21 billion to $1.38 billion and will reduce dependence on Russia by around one-third, Ukraine’s National Project state body, the manager of the project, said in handout given to reporters today in Kiev.