The expectation that the main conduit of Russian gas into central Europe will be cut off on Wednesday as a transit deal with Kyiv comes to an abrupt end has sent prices soaring. According to data published by Ukraine’s gas transit network operator, initial orders for gas at Sudzha, an intake station on the Russia-Ukraine border, are set for zero January 1, implying that Russian gas supplies into the European Union via Ukraine will cease. European natural gas prices hit … read more »
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