UK gas prices plunged to a record low on Friday following a newly signed deal between Russia, Ukraine and the European Commission. However, fuel poverty remains rife in Britain, with 2 million households unable to afford adequate heating.
The newly brokered gas agreement, signed on Thursday, will cover gas supply and transit conditions between Russia, Ukraine and the EU until March 2015.
The signing was witnessed by European Commission President Jose Manuel Barroso, and the EC’s new vice president in charge of energy, Marosh Shefchovich.
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