TSXV:CART.H - Post by User
Comment by
Bobwinson Mar 06, 2018 11:44am
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Post# 27668144
RE:RE:RE:Talking about re routing gas to EU via Ukraine
RE:RE:RE:Talking about re routing gas to EU via Ukraine that leaves Ukraine without a LOT of revenue they got from Russia for using their pipelines to transport ngas thru Ukraine to Europe. AND Ukraine will also be without it's main source of ngas for domestic use.
Ukraine will have to buy ngas from other European sources at a markup from the price of Russian ngas. And in fact, they will be buying Russian ngas AND the multiple markups from whomever they buy it from.
As a result, I predict much higher ngas prices in Ukraine. That will motivate the government to encourage as much domestic production as possible.
This is a crummy way for Cub to make money but IF they ever get off their butts and start increasing production again, it will be at higher prices. So Ukraine misfortune could be a bonanza for Cub as long as Ukraine doesn't go bankrupt..