Listen Live
    Business Weekly

    Russian Gas: High Hopes and Perspectives

    Business Weekly
    Get short URL
    22
    Subscribe

    Radio VR is looking into this week's major economic events together with Radio VR's presenter Dmitry Vostok and as well as expert Stephane Bertoncini from Chappuis Halder&Cie company that is based in Paris.

    Radio VR is looking into this week's major economic events together with Radio VR's presenter Dmitry Vostok and as well as expert Stephane Bertoncini from Chappuis Halder&Cie company that is based in Paris.

    The main story of the week was the ongoing fast dispute between Moscow and Kiev. The negotiating parties failed to reach an agreement on gas supplies to Ukraine for the coming winter but agreed to meet again in Brussels next week with a view to ironing out the remaining disagreements.

    Meanwhile Russia, which is the world’s second-largest producer of natural gas, has launched its first auction of natural gas at the St. Petersburg International Mercantile Exchange. Experts say it has all the opportunity to become Europe’s largest natural gas trading post.The project is aimed at creating a more competitive market for natural gas prices, which at present are rather tied to oil. The main story of the week was the ongoing fast dispute between Moscow and Kiev. The negotiating parties failed to reach an agreement on gas supplies to Ukraine for the coming winter but agreed to meet again in Brussels next week with a view to ironing out the remaining disagreements.

    And finally we take a look at the recent Lufthansa pilots strike and what it meant to the domestic economy. The union launched its eighth strike this year, forcing the cancellation of about 1.5 thousand flights and hitting 200,000 travellers.

    Tags:
    Europe, Ukraine, gas