MOSCOW: Russian gas giant Gazprom on Tuesday fired off a new salvo in Moscow’s feud with Ukraine by demanding some $2.5 billion for Kiev allegedly breaching its supply contract. Gazprom said in a statement that under the terms of its deal with Ukraine state firm Naftogaz, Kiev had to buy a minimum annual amount of gas from them or face a penalty and that supplies had fallen short of the required level in the third quarter of last year. “Taking this (minimum level) into account and the volume of gas delivered by Gazprom to Ukraine in the third quarter of …read more
Source: The Himalayan Times
