Russia is warning of possible disruptions of gas supplies to Europe as a result of the dispute between Gazprom and Ukraine over non-payment of debts, the government said on Dec. 22.
"It is not ruled out that the current position of the Ukrainian side and some of its actions could lead to disruptions in the stability of gas supplies to Europe," First Deputy Prime Minister Viktor Zubkov said.
Gazprom maintains that Ukraine's state gas company Naftogaz owes it up to $2.4 billion and Russian officials have warned of steep price rises or delivery cuts if the outstanding debt is not cleared.
Copyright Agence France-Presse, 2008
Voice your opinion!
Voice your opinion!
To join the conversation, and become an exclusive member of IndustryWeek, create an account today!
Sponsored
Sponsored