Natural Gas prices rising in Ukraine

RUSSIA / FSU POLITICS - In Brief 16 Jan 2021 by Alex Teddy
Since the start of 2021 there have been demonstrations in Ukraine against the hike in natural gas prices. The market has been liberalized. In Ukraine temperatures fall to -20 C at this time of the year.President Zelensky vowed to cut gas prices by 30%. Naftogaz said it will cut prices to USD 0.25 per cubic meter.The IMF is demanding that the country liberalize the gas market. The IMF's aid will be postponed if gas prices are slashed. The Energy Minister assured the IMF that price reductions are temporary.LNG is likely to be an even greater headache for Ukraine if Russian gas starts bypassing Ukraine if Nord Stream 2 is completed.

Now read on...

Register to sample a report

Register
Sign-in
Forgot your password?
Copyright 2024 GlobalSource Partners. All rights reserved. This is prepared for GlobalSource Partners’ clients and may not be redistributed, reproduced, stored in a retrieval system, retransmitted or disclosed, in whole or in part, or in any form or manner, without the express written consent of GlobalSource Partners. This is distributed simultaneously to our website and other portals used by GlobalSource Partners. The information herein was obtained from various sources and is believed to be reliable but GlobalSource Partners does not warrant its completeness or accuracy. Neither GlobalSource Partners nor any Country Analyst, officer or employee accepts any liability whatsoever for any direct, indirect or consequential damages or losses rising from any use of this or its contents.