Putin tells European leaders Ukraine debt may affect gas transit

MOSCOW, April 10 Thu Apr 10, 2014 8:15am EDT

MOSCOW, April 10 (Reuters) - President Vladimir Putin has informed several European leaders about the "critical situation" over Ukraine's natural gas debt and about a possible impact on the transit of gas to Europe, Russian news agencies said on Thursday.

Putin expressed "extreme concern about the situation surrounding Ukraine's gas debts and ... supplies of gas to the European Union," state-run RIA cited Putin's spokesman, Dmitry Peskov, as saying.

State-controlled gas producer Gazprom stopped pumping gas to Ukraine during price disputes in the winters of 2005-2006 and 2008-2009, leading to reduced supplies in European countries that receive Russian gas via pipelines that cross Ukraine.

Gazprom says Ukraine owes $2.2 billion for gas supplies and missed the deadline for paying for its March supplies.

(Writing by Steve Gutterman, Editing by Timothy Heritage)

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Comments (1)
RonTx wrote:
Simple solution, the EU finds gas, drills and supplies all of the EU and puts Russia out of business. Let them keep their gas. This would send a message to the other energy suppliers as well!!!

Apr 10, 2014 9:58am EDT  --  Report as abuse
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