Commodity Trade Mantra

Posts Tagged ‘Russian Natural Gas’

The Russian Empire Strikes Back

The Russians will get through these & even further sanctions from the United States. Natural gas in Europe currently sells at more than a 100% premium to North American natural gas prices. When US imposes a sanction on Russian uranium, then its serious. Until then, current sanctions are nothing more than political posturing.

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

Russia‚Äôs 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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