Media: reduce the cost of Russian gas for Kiev may bring down prices in the EU
MOSCOW, 24 April - RIA Novosti/Prime. Gas prices in the EU are now the lowest in the last 5 years for this season, have the opportunity to sink lower on the background of a possible decline in demand from Ukraine, who prefer cheaper gas from Russia, informs.
before the Director of business development of the NJSC "Naftogaz of Ukraine" Yuriy Vitrenko told the Agency that the Firm can by 30% in comparison with January deliveries to reduce the volume of purchases of reverse gas from Europe via Slovakia and stop imports from Poland and Hungary, as gas Prices from Russia have become more competitive.
The government of the Russian Federation March 31, decided to grant Ukraine a discount on gas at $ 100 per thousand cubic meters." Gazprom " and "Naftogaz" on April 1 signed a supplementary agreement on gas supplies to Ukraine in the 2nd quarter, of Such force as part of the winter package (expired April 1). The actual cost of Russian gas for Ukraine in the 2nd quarter with the discount was $ 247, 18 dollars per thousand cubic meters.
before Ukraine got more gas in reverse from Europe than from Russia, thus compensating for the decreased demand for gas in Europe itself." Any reduction in imports will lead to further pressure to reduce European gas prices, " said research Director of the European gas market, Wood Mackenzie Ltd. Massimo Di Odoardo. He predicted that in the fourth quarter gas Prices in the EU will be 5% lower than at present.
under forecasts of Bank of America Corp., the gas price in the UK for delivery in the winter by October may be reduced by 9% to 45 pence (6, 77 dollars per million British thermal units) against the current Price, 49, 55 pence.
Analysts at Societe Generale believe that the growth of liquefied natural gas and gas from Russia through pipelines will exceed the growth in gas demand in the EU by more than half in the period from April to September.
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