Scared Europe may support “South Stream”
Edited by Rhod Mackenzie / 2014-03-04 05:55:12
The European countries has begun to increase their import of Russian gas. Hydrocarbon prices went up in Britain, Germany and Holland. Gazprom gives a warning about the risks for the gas transit. The situation works in the Russian monopolyst’s favour. The frightened Europe may support the South Stream project, which it has slowed down before.
“Financial players can take advantage of the situation in the Ukraine and increase prices,” Bloomberg cites the comments of the analysts of Inspired Energy,. V.Zemlyansky, former press-secretary of “Naftogaz Ukrainy” also says that a growth of spot prices is the achievement of resellers.