Russia raised the gas price for Ukraine on Thursday for the second time this week, almost doubling it in three days and piling pressure on a neighbour on the brink of bankruptcy in the crisis over Crimea.
The increase, announced i
Egypt is revising the prices it pays to buy gas from foreign energy companies operating in the country and plans to sign new contracts to "reassure" the firms, al-Mal newspaper quoted the oil minister as saying.
A proposal by parliament chairman Khalifa Al Dhahrani to review gas subsidies provided to 27 private companies and six public sector investment companies has been approved by the financial and economic committee.
The gas revenues amounted
Ukraine has asked Russia's giant gas monopoly Gazprom to amend the formula by which it calculates the price of gas, Ukrainian state energy firm Naftogaz has said.
Naftogaz announced the proposal just days after Gazprom relaxed contract