Russia Warns of Gas Supply Disruptions to Europe

Dec. 22, 2008
Dispute over non-payment of debts

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

Popular Sponsored Recommendations

Process Mining For Dummies

Nov. 19, 2023
Here it is. Everything you need to know about process mining in a single book, written in the easy-to-understand, hard-to-forget style that ‘For Dummies’ manages so effortlessly...

Food and Beverage 2024 Trends and Outlook for North America

Oct. 29, 2023
Ready to hear what 200 of your peers said are the top challenges and opportunities in 2024? Don’t fall behind. Uncover actionable insights to better prepare for 2024 in this whitepaper...

Discover How an Eye Tracking Study Improves Training Procedures

Oct. 29, 2023
Did you know that your training processes can be streamlined by visualizing and analyzing key skills within your employee base? Find out how we use eye tracking to capture advanced...

Disruptive EV Technologies Are Driving New Supplier Realities

Sept. 20, 2023
Vehicle electrification is upending the automotive landscape, forcing suppliers to make critical strategic and operational decisions. Understand what that means for you in our...

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!