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EU Countries feel Impact of Russian gas cuts

BRUSSELS (RTE News) Jan. 1, 2006 -- EU nations have started to feel the impact of Russia's decision to cut its gas supplies to Ukraine. Russia's state-run firm Gazprom cut Ukrainian supplies by a quarter after Kiev refused to sign a new contract seeking a 400% price increase.

Hungary and Poland were the first EU states to have supplies disrupted.

Read on ...

Gazprom and Beltransgaz signed contract on supply and transit of gas in 2006
Cedric Brown, non-executive chairman at Eural Trans Gas

"Treason doth never prosper: what's the reason?
For if it prosper, none dare call it treason."
 

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'Sapere aude'

by Oui (Oui) on Sun Jan 1st, 2006 at 06:34:31 PM EST
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