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Russia's Gazprom cuts all gas supplies to Ukraine
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by 158 | January 1, 2009 at 07:01 am
96 views | 10 Recommendations | 2 comments
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These two countries are having
many disputes. This one may be
over natural gas but there are
deeper underlying disputes
between these neighbors.
Russia's gas monopoly Gazprom cut all natural gas supplies to Ukraine on Thursday morning after talks broke down over payments for past shipments and a new energy price contract for 2009.
Gazprom officials said the cuts began as planned at 10 a.m. (0700GMT and 2 a.m. EST) and the Ukrainian gas company Naftogaz confirmed a steady drop in supplies.
The festering dispute between the two uneasy neighbors raised fears that a cutoff could lead to a repetition of the January 2006 gas crisis, when a similar dispute between Russia and Ukraine briefly interrupted gas shipments to many European countries.
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St. Louis, Missouri, United States
Most RecentMost Recommended Comments (2)
at 10:07 on January 1st, 2009
Winter is a powerful tool to negotiate it seems.
at 11:01 on January 1st, 2009
Very true, especially in Russia and northern Europe.