The following is part of the 2011 research "Black Sea Military Dynamics - The Reemergence Of Russia, Military Presence In Black Sea States" by Giorgos Dimitriadis, and gives some details regarding the Russian forces deployed at Sevastopol, Crimea, in Ukraine. Crimea is currently one of the main theaters of political unrest that takes place in Ukraine.

On 21st of April 2010, the ambiguous scenarios about this issue came to an end. Presidents Viktor Yanukovich of Ukraine and Dmitri Medvedev of Russia signed a new agreement extending the leasing of the Ukrainian bases for the Russian Fleet until 2042, with a further extension option to 2047. The deal was that in return for accepting this new agreement, Ukraine will have a discount of thirty percent (30%) on the price of the Russian natural gas imported. More detailed, the new agreement will grant Ukraine a discount of $100 per 1,000 cubic meters of gas in the case the benchmark rate is above $330 or a discount of 30% if the rate is lower than that. Until the new agreement, Ukraine was paying $305 per 1,000 cubic meters.
Nevertheless, the Ukrainian government met a lot of critics for this agreement. Viktor Yanukovich who has often -before and after the agreement- been characterized as a Kremlin stooge by his opponents, noted his strong belief that he did the best for his country and said that the Russian Fleet will be a security guarantee for Ukraine and the Black Sea. On the other hand, international analysts noted that with this move, Ukraine buried every chance for entering NATO for the next four decades and many Ukrainian opposition politicians claimed that this decision violates the country's constitution.
In October 2011, through the Defense Minister Mykhaylo Yezhel, Ukrainian government announced the positive answer to the Russian question about the Black Sea Fleet rennovation raised in 2010. Minister Yezhel said that “the average service life of a warship is 25-30 years. It is only natural that the (current) ships will be replaced, and that is the subject of negotiations.” This was underlined by the minister because the primary lease agreement was not allowing the increase of the ships number, however, under the extension of the lease until 2042, some of the old, outdated ships must be replaced. The BSF is expected to receive 15 new frigates and diesel electric submarines by 2020."
You can find the full chapter regarding the Russian Base in Sevastopol, Ukraine, as well as the full research about the Russian Forces in the Black Sea region here.
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