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2015-04-04 13:50:00

EU GAS PRICES

EU GAS PRICES

European gas prices started the summer season at a five-year low, signaling easing concern about disruptions to Russian supply and below-average reserves.

In the UK market, the region’s biggest, gas fell 8.3% in March, the largest drop since December. Prices retreated as deliveries of gas by ship and Russian fuel through pipelines accelerated, boosting optimism that suppliers can refill inventories that are the smallest for the time of year since 2013.

Expanding shipments are diminishing worries that Russia and Ukraine won’t agree on a new gas-sales agreement, risking a repeat of the disrupted flows to Europe…

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Tags: EUROPE, UK, RUSSIA, GAS, PRICES,

Chronicle:

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