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Gold/Mining/Energy : Utilities - USA vs RUSSIA

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To: Copperfield who started this subject9/10/2002 8:00:02 AM
From: Copperfield   of 26
 
Mosenergo back in the lead !
Share price rises 6%

Little party tonight!
members.optusnet.com.au

Maybe some problems ahead though ..

Coal Price Plan

MOSCOW (Prime-Tass) -- Domestic coal and gas prices should equalize by 2006, Energy Minister Igor Yusufov told a press conference Monday.

He said that domestic gas prices would rise to $40 to $45 per thousand cubic meters by that year from the current $24 per thousand cubic meters.

The Energy Ministry plans to use this figure as it prepares a coal-industry development strategy until 2020, Yusufov said.

Coal prices currently exceed gas prices on the domestic energy market.
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