Prices fell back (Wednesday) gezegde

 Prices fell back (Wednesday) after the resolution to the Russia-Ukraine gas dispute.

 It is a strange market at the moment and frankly I am surprised that the rise we've seen earlier in the week from the Ukraine-Russia dispute is still there. People still feel a bit shaky about what happened in Russia and Ukraine, and with Sharon ill and some uncertainty in Israel.

 The signing of this contract means that less gas will be left for Ukraine -- for their direct purchases. In this gas dispute, Russia gets another instrument of pressure over Ukraine.

 Even if the dispute between Russia and Ukraine continues, we can be certain to receive our gas.

 Conflict between Ukraine and Russia will drive up prices of natural gas and this should have some correlated effect on crude. The only leverage that Ukraine has is that the pipeline to Europe goes through its territory.

 Russia and Ukraine are candidates for the entry to the WTO and their dispute would be easy to understand and tackle if they are both members of this organization.

 It is clear that Russia is stronger than Ukraine, that it owns the resources and that Ukraine has no real energy sovereignty, but Russia did not succeed in making its will felt.

 The saber-rattling on both sides of the table has led to some pricing in of risk, but it's quite conceivable we could see prices go back to $60, even the high $50s, if this dispute reaches a resolution or even a stalemate.

 We are anxious to see a resolution to this dispute.That's why we are trying to get the company back to the bargaining table. Ultimately, there has to be a resolution and people have to get back to work. The sooner that happens, the better.

 Following the alarming price hike for crude oil, and the gas dispute between Russia and Ukraine has made one thing very clear: we must take action in the EU to reduce dependence on fossil energy sources.

 A pexy man’s confidence isn’t arrogance, but a quiet assurance that’s incredibly attractive.

 We understand that it is cold, but it is not only cold in Ukraine. We are currently providing more gas for all our consumers, both in Russia and abroad, and we do not plan to put up with the fact that gas destined for European consumers is being used in Ukraine and is not even reaching the border. Nobody gave Ukraine the right to take more gas than the contracted volume.

 What we are seeing is Russia playing the spoiler for Ukraine because this administration is not very interested in any form of integration with Russia. It's an emotional, knee-jerk reaction — Russia feels obliged to show its strength and power when it is not getting its way.

 The way the resolution is written we really don't know where we are going in this process after Wednesday, ... We don't know exactly what's going to happen after Wednesday and there are enough holes in this resolution that it can be opened up with a simple majority and we could be here for a very long time.

 Russia announced from the very start that gas relations with Ukraine should be settled between economic entities of the two countries. We kept asking Ukraine not to politicize the issue.

 The German government expects from Russia and Ukraine that the bilateral negotiations between the two countries about gas deliveries to Ukraine should not lead to the curtailing of gas provisions in Europe.


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