RWE Exec Says Gas Supply Disruptions Could Be Repeated

RWE Exec Says Gas Supply Disruptions Could Be Repeated
dj
Πεμ, 5 Φεβρουαρίου 2009 - 17:22
RWE AG (RWE.XE) Thursday said the agreement between Russia and the Ukraine following their recent row on natural gas prices is unlikely to be the end of supply disruptions to Europe.
RWE AG (RWE.XE) Thursday said the agreement between Russia and the Ukraine following their recent row on natural gas prices is unlikely to be the end of supply disruptions to Europe.

Despite the ten year supply and transit agreement between Russia and the Ukraine, supply bottlenecks could hit Europe again, Stefan Judisch, chief commercial officer supply at RWE Supply & Trading, told reporters in Essen.

Judisch added that the poor state of the Ukraine's transit grid could be a possible cause for supply problems.

"We should be aware that the Ukraine transit grid is in a relatively bad technical condition and if there won't be appropriate investment (into the grid) this could prompt supply disruptions."

Διαβάστε ακόμα