Warning that future reliance on Russian gas supplies is ‘risky,’

Warning that future reliance on Russian gas supplies is ‘risky,’ U.S. National Security Adviser John Bolton urged Ukraine to open its gas market to American and other other foreign gas producers. With favorable conditions, Bolton told reporters in Kyiv on Friday, “American companies or other foreign energy companies will see the attractiveness of exploration and production of gas here in Ukraine.” Corruption has largely kept foreign companies out of Ukraine’s gas fields. But facing a potential cutoff of Russian gas in two years, Kyiv has moved to cut royalties, cut red tape and adopt transparent auctions of gas field licenses.