Russian Gas Flows to Europe Through Ukraine Halted

Russian natural-gas exports through Ukraine to Europe halted for the first time in three years, threatening to create shortages as freezing weather spurred demand for power.

The two sides blamed each other for the disruption. OAO Gazprom, Russia’s gas-export monopoly, cut off all gas supplies to Europe through Ukraine at 7:44 a.m. Kiev time today, according to Ukrainian utility NAK Naftogaz Ukrainy. Gazprom Deputy Chief Executive Officer Alexander Medvedev said Ukraine shut off a fourth pipeline after closing three others yesterday.

The move, stopping all deliveries to Austria, the Czech Republic and Slovakia, came after a halt in supplies to the Balkans yesterday and cuts to other countries. The dispute has already spread further and lasted longer than a similar conflict in 2006 which interrupted shipments to Europe.

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Posted in * Economics, Politics, * International News & Commentary, Economy, Energy, Natural Resources, Europe, Russia

3 comments on “Russian Gas Flows to Europe Through Ukraine Halted

  1. tgs says:

    America had better Drill Now, Build Refineries Now and Build Nuclear Power Plants Now.

  2. BlueOntario says:

    Does Russia still require net imports of food?

  3. libraryjim says:

    Gas prices have gone up .20 cents per gallon overnight here. The low prices were just a Christmas present so we could visit relatives more cheaply.

    I agree with tgs.

    Jim Elliott
    Florida