Russia, EU close in on gas-price accord: compromise would remove big hurdle in negotiations toward WTO membership

Article Abstract:

An overview is presented on negotiations between European Union and Russian officials regarding low domestic natural gas prices. President Vladimir Putin has argued that the prices help maintain the nation's competitive advantage, but the EU considers them an unfair subsidy.

Administration of General Economic Programs, Foreign trade, International economic relations, Trade Negotiations, International trade, European Union, Trade policy

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Russia to raise gas prices at home: aim is to cool local demand and protect export supply amid warning of shortage

Article Abstract:

Russia, the world's largest producer of natural gas, will raise the price of the fuel in an effort to control increasing demand. This move is necessary in order to ensure an adequate supply for export. Low domestic prices have led to fears of a shortage of natural gas.

Market information - general, Government domestic functions, Exports, Supply and demand, Energy policy

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U.K. natural-gas prices climb

Article Abstract:

Prices of natural gas increased in the United Kingdom on May 14, 2003 due to transportation problems in the southeast region. Prices rose to 21.50 to 21.75 pence (30 European cents to 30.4 European cents).

United Kingdom, Petroleum industry, Petroleum

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