: :inin Kyiv (EET)

Russian Gas Deal Failure Leaves Ukraine Facing Huge Shortfall Going Into Winter Months


Russia shut off natural gas supplies to Ukraine on Wednesday after talks in Vienna to extend a deal between the two rival countries broke down over a disagreement on price. While Ukraine can turn to its European neighbors for assistance during the rest of the summer and fall, it has no supplier with enough gas for the harsh winter months, and will likely have to pay a higher rate per cubic feet that will place added pressure on its already troubled economy. …read more

Source: International Business Times

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