Russia not interested in gas price hike: Putin
President Vladimir Putin has said Russia will not involve itself in the gas price hike currently ravaging Europe.
Mr Putin on Wednesday said the surging prices portends adverse consequences, including for Gazprom, the country’s leading energy company.
“This also has certain consequences for us. Well, I’m not talking about energy now.
“If there is a decrease in consumption, but such a situation ultimately leads to a decrease in consumption, this will affect our production companies.
“Gazprom as well, therefore we are not interested in the endless growth of prices for energy resources, including gas.
“We are not interested,’’ Mr Putin said during a government meeting.
In Nigeria, prices of cooking gas have risen sharply over the recent weeks. Many households have been priced out of the essential unregulated commodity.
(Sputnik/NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
Heading 5
Family struggling to accept reality of Jayden Adams’ death after World Cup outing, says father
Adams played three matches at the World Cup in North America as South Africa reached the knockout round of the tournament for the first time in the country’s history.
NationWide
KWASU research teams secure $43,913 TWAS-UNESCO, N83 million NRF grants
Mr Shaykh-Luqman also encouraged the awardees to mentor early-career researchers.
Heading 4
Nigerians, other migrants on temporary visas in UK shouldn’t be allowed indefinite stay: Kemi Badenoch
The Tory leader said individuals who are not making a significant economic contribution over a 10-year period should not be allowed to stay indefinitely.
Africa
South African police arrest four suspects for drug traffickingÂ
Police said four male suspects, aged between 31 and 34, were arrested at different locations in Springbok and Okiep.
States
Man arraigned over alleged forgery of company documentsÂ
The prosecutor said the offence contravened the provision of sections 312, 322, and 364 of the penal code.
Politics
Niger Delta stakeholders back Gov Diri’s infrastructure drive
Niger Delta stakeholders at the Bayelsa Infrastructure Rebirth 2.0 Breakfast Roundtable on Tuesday endorsed Governor Douye Diri’s infrastructure development agenda.
