Energy
Gas prices may soar over Russia, Ukraine tension
5 years agoGas storage tanks stand at the Novokuibyshevsk oil plant, operated by Rosneft PJSC, in Novokuibyshevsk, Samara region, Russia, on Thursday, Dec. 22, 2016. Oil trimmed a second weekly gain as investors weighed rising U.S. inventories against coming coordinated output cuts by OPEC and other producing nations. Photographer: Andrey Rudakov/Bloomberg
The cost of gas, both for cooking and gas-to-power, may soar in Nigeria and other export dependent countries, as tension between Russia and Ukraine pose fresh challenges for the already tense market.