RUSSIA CUTS UKRAINE’S GAS AFTER TALKS FAIL

0

KIEV: Russia cut the flow of gas to Ukraine on Monday (Tuesday in Manila) after last-ditch talks failed to resolve a price dispute that threatens to disrupt supplies to Europe for the third time in a decade. The failure of European Union-mediated negotiations on gas prices only compounds the problems of Ukraine’s new pro-Western leaders as they battle an eastern insurgency that threatens the survival of the ex-Soviet state. Russia’s state gas giant Gazprom said it had switched Ukraine to a pre-payment system—a move that effectively halts all shipments because Kiev has not forwarded any money for future gas deliveries to Moscow.

AFP

Share.
.
Loading...

Please follow our commenting guidelines.

Comments are closed.