BRUSSELS — Russia and Ukraine’s energy ministers are holding emergency talks after the Russian gas supplier said it would cut off deliveries to the war-torn country as soon as Tuesday if it does not get new payments.
The European Union, which is mediating the talks in Brussels hoping to keep gas flowing despite the dispute, imports around 40 per cent of its gas from Russia, half through conflict-torn Ukraine.
Kyiv and Moscow have fought out several gas price wars over the past years and concerns are mounting that any fresh cuts could again hit European supplies.
Cash-strapped Ukraine is struggling to buy time …read more
Source: Macleans