Breaking: Another 25% cut in natural gas to the Ukraine by Russia

[RB TexLa]

MOSCOW (AP) The ITAR-Tass news agency reports Russia's natural gas monopoly has cut supplies to Ukraine by another 25 percent.


http://news.yahoo.com/s/ap/20080304/ap_on_re_eu/russia_ukraine_gas





By JIM HEINTZ, Associated Press Writer 8 minutes ago

MOSCOW - Russia's state-controlled natural gas monopoly on Tuesday slapped another harsh supply cut on Ukraine in a debt and contract dispute being watched nervously by customers in Western Europe.

Ukraine's natural gas company said there were no immediate plans to divert Europe-bound gas to supply Ukrainian customers, but held out the possibility it could do so if reserves run low.

Much of the Russian gas consumed in Europe comes in pipelines crossing Ukraine.

The Russian monopoly, OAO Gazprom, is demanding Ukraine sign documents resolving a $600 million debt dispute and enabling further gas deliveries. On Monday, it cut shipments by 25 percent.

Gazprom spokesman Sergei Kupriyanov announced another 25 percent cut on Tuesday evening and held out the possibility of further reductions.

[originalpckelly]

1. Typical bullshit.

:puke:

[Angela Shelley]

2. Wanna bet?