EconoMonitor : EconoMonitor » Gazprom Threatens to Disrupt Gas Supplies to Europe:
"As U.S. Secretary of State John Kerry and European Union leaders threaten that harsh economic sanctions could be imposed on Russia for its intervention in Ukraine, Russian state-controlled natural gas giant Gazprom has threatened to disrupt gas supplies to Europe, turning the Ukraine crisis into a possible trade war.
“Simmering political tensions in Ukraine, that are aggravated by inadequate economic conditions, may cause disruptions of gas supplies to Europe,” Gazprom noted, before adding that it would do its utmost to reduce export risks. “We will further invest into other export-oriented projects such as South Stream and will enhance our LNG (liquefied natural gas) production and export capacity. We will also increase our access to underground gas storage facilities in Europe.”"
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