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Ukraine must liberalize natgas prices in exchange for IMF aid
Journal Staff Report

KIEV, Oct. 30 - Ukraine pledged to liberalize domestic natural gas prices before the end of 2011 in exchange for $16.5 billion loan from International Monetary Fund to help the country avoid economic recession.

Ukraine, due to various political reasons, has been delaying liberalization of the gas market for the past 10 years, but the issue has become urgent due to steely growing gas prices over the past three years.




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