An accident at a Russian plant producing raw materials for liquefied natural gas has caused 30% shortage in the Ukrainian market for liquefied natural gas. This, in turn, led to higher prices, deputy director and expert of a Kyiv consulting company has said.
“The factors that have caused the price surge are almost over. It was caused by a lack of supplies to the market that reached 30% of the total demand. The root cause is an accident at a Russian plant that produces large amounts of raw materials for manufacturing liquefied natural gas. It was later delivered to Ukraine and Belarus that is also among our suppliers”, said the expert.
He noted that Ukraine was the only victim of circumstances since the gas shortage had not spread to Eastern Europe. (Ukrinform/Business World Magazine)
