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The reselling to other countries has always been negligible, because the transfer points are heavily monitored by Russia, for obvious reasons.

The retail and industrial prices you mention are the official ones, not the real ones that you need to pay if you actually want gas (I am talking about large users like local distributors). The intermediaries get good revenues form the final consumers - the question is who they pay it to, or who they share it with.

See my new story on the front page.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Mon Jan 2nd, 2006 at 09:27:13 AM EST
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Last year Ukraine "lost" 7,8 billion cubic metres in one shot, yesterday it was 100 milion cubic metres. Annual gas exports from Ukraine is 5-6 billion metres, not exactly negligible.

How different are nominal prices from local distributor's prices? They should be pretty much the same. Gas is dirt cheap for end users, otherwise Ukraine would not be #6 gas user in the world with #32 economy.

by blackhawk on Mon Jan 2nd, 2006 at 09:57:24 AM EST
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