Libya and Japan to bring additional $3.5 billion of revenue to Gazprom

phantom power

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Mon Apr-04-11 04:26 PM
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Libya and Japan to bring additional $3.5 billion of revenue to Gazprom

The energy crisis in Japan and the Libyan conflict led to a change on the natural gas market in Europe, RBK daily announced. The excess supply of liquefied natural gas (LNG) has decreased significantly in March as large amounts from the fuel are shipped to Japan. Furthermore the spot market prices of natural gas are now higher than the contract prices of Gazprom, which gives the Russian company another argument in its negotiations with clients.

http://www.publics.bg/en/news/4215/Libya_and_Japan_to_bring_additional_3_5_billion_of_revenue_to_Gazprom.html

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