aaus-list @ ukrainianstudies.org -- [aaus-list] Russian gas cuts - why there is no need to worry

["Walter Derzko" <wderzko@pathcom.com>]

 

Published on 2 Jan 2006 by European Tribune. Archived on 3 Jan 2006.

Russian gas cuts - why there is no need to worry

by Jerome a Paris

As expected, following its threats in recent weeks (made in order to get an increase in the price Ukraine "pays" for its gas) Russia has somewhat reduced its deliveries of gas to Ukraine, and as expected, Ukraine has retaliated by reducing transit gas to the West, thus reducing supplies to Hungary, Austria, Slovakia and other countries further downstream.

Europe is worried, and newspapers are making big headlines about a new kind of "cold war", or, more ominously, the "first war of the 21 century" (Le Monde, in French)

 

http://www.energybulletin.net/11932.html

 

 

 

Walter Derzko

http://smarteconomy.typepad.com