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Dep PM Novak-EU Gas Market May Faces Serious Issues In Autumn, Winter

EU-RUSSIA

Wires carrying comments from Russian Deputy PM Alexander Novak stating that 'the EU gas market may face serious issues in the autumn and winter'. Says that gas prices will remain high 'for several more years'.

  • Says that 'Russia never wanted to leave the EU energy market' and that Russia was 'pushed out'.
  • Says that Russia is ready to provide gas to the EU 'if there are no political hurdles'.
  • Novak's comments come as Gazprom reduces supplies to a number of major EU gas operators, including those from France, Germany, and Italy whose leaders visited Kyiv yesterday and backed Ukraine gaining EU candidate status.
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EM BulletFixed Income BulletsHomepagemarkets-real-timePolitical Market NewsPolitical RiskCommoditiesPolitical Risk BulletEnergy BulletsCEEMEABulletMarketsEmerging Market NewsForeign Exchange Bullets

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