Russian energy giant Gazprom says it is cutting gas supplies to Ukraine following Kyiv’s failure to meet a Monday deadline to pay nearly $2 billion of its outstanding debt.
Gazprom says Ukraine must now pre-pay for any natural gas after missing the deadline.
Also Monday, Gazprom filed a lawsuit in a Stockholm arbitration court to try to recover Ukraine’s entire $4.5 billion debt.
Ukraine is a conduit for gas supplies to other parts of Europe. Gazprom notified European countries that shipments through Ukraine will not be affected, but warned there could be a disruption if Ukraine decides to siphon off …read more
Source: Voice of America
