Era Of Cheap Gas Coming To An End, Warns Putin

From: RTT News - December 23, 2008 Read Full Article: RTTNews - Era Of Cheap Gas Coming To An End, Warns Putin Addressing a meeting of ministers from the world's major gas-exporting countries in Moscow on Tuesday, Russian Prime Minister Vladimir Putin said that the era of cheap gas is coming to an end as the cost of extracting gas has increased sharply in the recent years. "Costs, which are necessary to develop the [energy] sphere, are rising sharply," Putin said at the meeting. "It means… More information...

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