GAS 2.27% 4.3¢ state gas limited

russia tightens gas leash

  1. 521 Posts.
    This sort of reaction by Russia will only put more pressure on England and other European nations to secure reliable gas supplies , eg: BG takeover.
    We should see some more of this type of TO activity

    Gazprom Cuts Gas to Ukraine After Supply Talks Fail (Update2)
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    By Stephen Bierman and Henry Meyer

    Jan. 1 (Bloomberg) -- Russia halted gas deliveries to Ukraine today for the second time in three years, raising the threat of a disruption to natural-gas shipments to Europe.

    Negotiations broke down shortly before midnight after Ukraine rejected an offer from OAO Gazprom, Russia’s state gas exporter, to sell it the fuel this year at $250 per 1,000 cubic meters, and insisted that Russia also pay higher transit fees. Ukraine said today it is seeking a price of $201.

    Full story

    http://www.bloomberg.com/apps/news?pid=20601087&sid=aNJEYayobO4M&refer=home
 
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