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Oil and Gas

Russia President orders Belarus gas supplies cut

MOSCOW, June 21 (Reuters) - Russia's President Dmitry Medvedev told the gas monopoly Gazprom GAZP.MM to cut gas supplies to Belarus, the Kremlin's press office said on Monday.

Meanwhile, news agency Ria Novosti cited Gazprom’s chief executive Alexei Miller as saying that the supplies will be cut gradually.

Gas supplies will be cut “day-by-day, proportionally to the debt’s volume,” the agency cited Miller as saying.

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