Monday, June 30, 2008
There should be no interruption of Russian gas supplies to Europe this winter as Ukraine has fully paid its debt to Russia for gas used. Additionally, there were high level meetings between Putin and Timoshenko in order to iron out differences and reach a mutual understanding. The bad news for Ukraine is the possibility their gas prices could double this year due to drastic price increases by the Central Asian states where they get their gas.
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1 comment:
Ukrainian economy is handling gaz price increase well. More alternative fuel is used.
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