European gas market liquidity does not exceed 25% of current consumption
Edited by Rhod Mackenzie / 2013-06-04 01:11:39
The European gas market liquidity does not exceed 25% of the current consumption, the Deputy Chairman of Gazprom's Management Board, A. Medvedev says. He emphasizes that concerning the share of the infrastructure in gas supplies and a different structure of energy consumption, no single price for Europe can be set. ‘If the markets are liquid, then why did price increase, not reduce, if the price should be determined by supply and demand. In a the liquid market, on the background of excessive gas supply, the price should reduce, but we observe quite the opposite.
