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US oil companies investing in Ukraine

Thursday, 1 May 2014 | 12:49 PM ET

Yuriy Boyko was Ukraine Energy Minister under ousted president Viktor Yanukovich, and now he's running for president. More importantly, though, he is still facilitating talks between the governments of Russia and Ukraine as well as high level executives of big U.S. and Western oil companies. He told CNBC's Dina Gusovsky that American companies have already shelled out or plan to invest a huge amount of money in Ukraine's oil and gas sector.