Tuesday, 12 November 2013

Ukraine stops gas purchases from Russia

Ukraine stops gas purchases from Russia:

"A new twist in the on-going saga of natural gas relations between Russia and Ukraine.

Reports indicate that Ukraine’s Naftogaz stopped gas purchases from Russia’s Gazprom as of Saturday.  Last week, Ukrainian President Viktor Yanukovich indicated that the country would secure its gas requirements from European sources if it failed to gain better terms from Russia.

Supplies of Russian gas transited through Ukraine to Europe are apparently unaffected.  The Ukrainian gas transit corridor delivers approximately one-half of Russia’s gas supplies to Europe."

'via Blog this'

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