Author (Person) | Buckley, Neil, Olearchyk, Roman |
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Series Title | Financial Times |
Series Details | 1.9.11 |
Publication Date | 01/09/2011 |
Content Type | News |
Article reports that Ukraine was poised to launch a legal challenge in September 2011 over what it paid for natural gas from Russiaâs Gazprom if it failed to secure a 'fair' price in forthcoming negotiations according to a senior government official. The comments from Kiev on the 31 August 2011 increase the pressure on the Russian gas monopoly, already facing challenges from several European customers over a pricing formula that linked the price of gas in its long-term supply contracts to the price of oil and oil products. These contract prices have sharply diverged from 'spot' prices for gas at European trading hubs. |
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Subject Categories | Energy |
Countries / Regions | Russia, Ukraine |