RR Phantom
Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: Ukraine crisis: Russia halts gas supplies to Kiev Mon Jun 16, 2014 11:39 pm | |
| Gazprom CEO: "We'll only be supplying the exact amount of gas requested by our European partners to the Russia-Ukraine border."
Ukraine says Russia has cut off all gas supplies, in a major escalation of a dispute between the two nations.
"Gas supplies to Ukraine have been reduced to zero," Ukrainian Energy Minister Yuri Prodan said.
Russia's state-owned gas giant Gazprom said Ukraine had to pay upfront for its gas supplies, after Kiev failed to settle its huge debt.
Gazprom had asked Ukraine's state gas firm Naftogaz to pay $1.95bn (£1.15bn) of the $4.5bn it said it was owed.
It said it would continue to supply gas to Europe, although Gazprom chief Alexei Miller warned there now were "significant" risks for gas transit to the EU via Ukraine.
http://www.bbc.com/news/world-europe-27862849#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa |
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