Accident at Russian plant cuts LNG supplies to Ukraine by 30 percent

01.08.2016 14:51 470

An accident at a Russian plant producing raw materials for liquefied natural gas has caused 30 percent 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 told Ukrinform.

"The factors that caused the price surge are almost over. It was caused by lack of supplies to the market that reached 30 percent 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 hortage has not spread to Eastern Europe.

As a note, today’s price of liquefied natural gas at Ukrainian filling stations averages UAH 10.26 per a liter.


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