Russia warns of Ukraine gas supply cuts

Comment on this story
VladPutin1 Reuters. Russian President Vladimir Putin.

Moscow - Russian President Vladimir Putin said on Thursday Russia could cut natural gas supplies to Ukraine if it fails to pay its gas bills on time and warned there could be a reduction in onward deliveries to Europe.

Calling for urgent consultations with Europe on stabilising Ukraine's economy in a letter to European leaders, seen by Reuters, Putin also said 11.5 billion cubic metres of gas, worth $5.5 billion, needed to be pumped into Ukrainian gas storages to guarantee uninterrupted transit.

State-controlled gas producer Gazprom stopped pumping gas to Ukraine during price disputes in the winters of 2005-2006 and 2008-2009, leading to reduced supplies in European countries that receive Russian gas via pipelines that cross Ukraine. - Reuters



sign up
 
 

Comment Guidelines



  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)
  4. Has a comment offended you? Hover your mouse over the comment and wait until a small triangle appears on the right-hand side. Click triangle () and select "Flag as inappropriate". Our moderators will take action if need be.