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Ukraine Eyes Arbitration If Russia Doesn't Cut Gas Price

Ukraine will take Russia to an arbitration court if talks fail to bring about a cut in natural gas prices, Energy Minister Yuri Prodan said on Saturday. Under pressure from two gas price hikes this week which have nearly doubled the price Ukraine pays, Kyiv is in emergency talks with European neighbors to secure more supplies, as well as with Russia, which delivers the lion's share of Ukraine's needs. "If we don't come to an agreement [with Russia] then there is a...

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