Prices on the European gas market has suspended the sharpest decline for 5 years and switched to a sharp increase. This is due to fears that the Ukrainian crisis ready cause disruptions in the supply of fuel in the winter.

The price of gas supplies to the UK in September rose by 21% after Ukraine announced that may prevent Gazprom, the largest General supplier of fuel to Europe, to prohibit the transit of fuel on its own terrain. In early July 2014 cost for gas reached lower values in 2010, for the following reasons previous winter season was supremely warm and gas storage facilities were filled to the maximum.

"Saved the threat of termination of transit of gas that lossdiet the risk of increased prices for fuel. Together with this, there is almost no doubt that the level of savings of gas in Europe is not very healthy position. Much more worrying is the fact that all sorts of violations will occur in the winter" - quoted by Bloomberg sales Director of the firm's Clean Energy Trading Ltd. Nick Needle.

Together with this, it is told that Ukraine needs Russian companies 5.3 billion dollars for gas supplies. The crisis in the country, calls into question the reliability of Ukraine as a transit zone. Not to mention the fact that Europe has remained without gas from Russia for 13 days. Delivery was broken in the cold winter of 2009. Then the grounds were incidents in Ukraine, which are not allowed to provide the country with fuel. Started missing the transit of gas going to Europe, but Ukraine was denied his own involvement in the theft of gas.

Gas company of Ukraine proposes to adjust the supply of fuel in Europe. Direct supply company proposes to change speed to in addition to participate in supply in the form of a mediator. "Ukraine respects long-term domestic gas contracts with European consumers and understand that the configurations are requested time and painstaking negotiation. Today's situation may not be considered sustainable. Still crisis similar
to the one that exploded in 2009," he said Naftogaz.
sections: Economics, World News, Accidents