Ukraine is ready to move quickly on extending an oil pipeline from the Black Sea into the European Union if Poland and other countries sign up to the project, which could help ease the EU's dependence on Russian imports, officials said Monday, International Herald Tribune reported.

Ukrainian Vice Prime Minister Andriy Klyuyev said during a visit to Brussels that "whatever is necessary on our side can be done in three months."

"But we have to receive precise signals from our partners that they are ready to proceed with us," he told reporters in Brussels, where he was holding talks with EU officials.

Klyuyev, in Brussels, held talks with EU officials on financing for developing energy and transport networks in Ukraine. He also stressed his country's potential as a producer of environment-friendly fuels made from plant crops.

Klyuyev said Ukraine had launched two projects that could produce 260,000 tons of ethanol a year, and added that the government was considering tax advantages to help boost the development of the fuel.

"Ukraine has enormous agricultural potential, we have very fertile soil, thick soil in abundance," he said. However, "we will need at least two or two-and-a-half years to obtain practical results."


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