Monday 1 September 2014
gas prices

Russia raises gas prices for Ukraine by 80pc

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 to sign new deals with foreign gas firms

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. Sherif I


Panel seeks Bahrain gas prices review

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 urges Gazprom to change gas price terms

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

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