KIEV, Nov. 29 - Ukraine's steel sector would be able to cope with a rise in the price of gas up to $200 per thousand cubic meters, while the chemical sector would face mergers and acquisitions even if the price grows to $180 per thousand cubic meters, according to Ihor Burakovsky, director of the Institute for Economic Research and Policy Consulting.

"Similar problems [with a rise of prices of gas] could accelerate the consolidation of the Ukrainian chemical industry due to the more active entry of Russian companies," he said.