Commodity Trade Mantra

Posts Tagged ‘Gas Exports’

The Honeymoon Is Over: Ukraine To Stun Citizens With 40% Gas Price Hike

Ukraine expects to increase domestic gas prices by 40% once discounted import prices from Russia expire, the country’s Energy Minister Yury Prodan told journalists in the European Parliament on Thursday. Ukraine may end up with hyperinflation of all goods and services within the year.

It Begins: Gazprom Warns European Gas "Supply Disruptions" Possible

Russia’s gas giant Gazprom warned that not only could it cancel its “supply discount” as Ukraine’s overdue payments reached $1.5 billion but that “simmering political tensions in Ukraine, that are aggravated by inadequate economic conditions, may cause disruptions of gas supplies to Europe.

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