Ukraine will continue increasing domestic production of gas and seeking alternative sources of energy supplies, President Viktor Yanukovych said in an interview for the program "Evenings with Vitaliy Korotych" on the First National TV Channel, presidential press office reports.

"We have increased domestic gas production and I hope will continue increasing it by a billion, a billion and a half, or even two billion cubic meters a year,” he said, emphasizing that Ukraine does not want to harm its relations with Russia, but has no funds to pay for its gas at the current price.

The President also added that Ukraine is working to increase the production of coal to use it instead of gas, and reduce the overall gas consumption. "We have cut gas consumption this year. We are going to consume less than 27 billion cubic meters, I mean to buy from Russia."


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