Monday, 5 January 2009

Gas Shortage in Bulgaria?

Supplies of gas to Bulgaria potentially could be reduced according to this article. Does this now mean that the gas prices are going to shoot up as well?
Russia-Ukraine gas fallout spreads

The fallout from a dispute between Russia and Ukraine over the price of natural gas spread to other Eastern European nations on Saturday, as Poland, Hungary, Romania and Bulgaria reported dwindling pressure in their gas pipeline systems.

The authorities in Bulgaria said they might have to restrict gas use. The shortages seemed contained, though, as of Saturday evening. Farther west, Germany, the largest consumer of Russian natural gas in the European Union, reported no troubles. Also, Italy, a country that lost pressure in its gas pipelines after a similar dispute in 2006, was unaffected two days after Russia halted gas shipments to Ukraine.