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Ukraine, EU face difficult gas crisis

Source : 112 Ukraine

According to Ukraine’s PM, this crisis can influence the whole world
16:11, 5 October 2021

Wikipedia

Ukraine and Europe have faced a difficult gas crisis, which can influence the whole world as LB.ua reported citing Prime Minister of Ukraine Denys Shmygal.

“The big work takes place toward the understanding who to pass this winter. We understand that we face an extremely difficult gas crisis. It is not Ukrainian, it is the all-European, possibly, it will influence the whole world because it has already the market of coal; it costs over $200; while at the beginning of the year it was $100. In China, the number of enterprises was stopped. It is a really difficult transcontinental, and possibly, world crisis,” PM noted.

Related: First string of Nord Stream 2 is being filled with gas

Shmygal also noted that the main task is to provide the calmness and comfort of the population of Ukraine. Particularly, there is the annual contract from Naftogaz – 7.96 hryvnias ($0.30). the price will not change until May 1.

On October 5, the price for gas at the futures market in Europe has beaten another record. For the first time ever, it has reached $1,250 per 1,000 cubic meters for the first time ever.

Related: Volume of gas in storages decreases in Ukraine

Earlier, it was stated that at this moment, Ukraine does not plan the direct negotiations with Russia on supplying the gas.

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