Ukrainian Prime Minister Arseniy Yatsenyuk addresses the Parliament in Kiev on June 17, 2014 on the results of the gas talks with Russia. AFP PHOTO/ ANATOLII STEPANOV
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Ukraine rushed Tuesday to assure a jittery public it would not suffer from Russia's latest gas cut and sent a team to Europe to bolster energy ties.Ukraine receives half its gas from Russia and transports 15 percent of the fuel consumed in Europe – a dependence that has not diminished despite similar supply disruptions in 2006 and 2009 .Russia imposed the cut after Ukraine balked at making a $1.9-billion debt payment in protest of Moscow's decision to nearly double Kiev's rates in the wake of the February ouster of the country's Kremlin-backed president.A gas shortage is not expected to be felt in either Ukraine or Europe for several months.Most economists do not expect real gas negotiations with Russia to resume for several more months.Economists believe Kiev will face strong European pressure once gas supplies dwindle because EU nations do not want Ukraine to tap into shipments intended for Russia's Western clients.
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