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Regions :: Eastern Europe :: Russia

Russia cuts off gas supplies to Ukraine

9:10 AM MDT | June 16, 2014 | Ian Young

Russia has cut off all natural gas supplies to Ukraine as the long-running dispute between the countries over gas prices, payments, and supplies continues. State-owned Gazprom (Moscow) says that, from today, it will supply state-owned Naftogaz (Kiev) only with gas that has been paid for. "In full compliance with the effective contract, Gazprom switched Naftogaz of Ukraine to a prepayment of gas supplies," Gazprom says. "The decision was made owing to persistent nonpayments by Naftogaz. Starting from today, the Ukrainian company will receive only...

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