Gazprom warns Europe on gas supply disruption
Gazprom warned Ukraine may disrupt supplies from transit pipelines if Russia's gas exporter stop deliveries on Jan 1.
Russia has said it will turn off the taps to Ukraine on January 1 if it does not receive $2 billion in arrears and conclude a new supply deal, a threat that has alarmed European states which receive their Russian gas via pipelines passing through Ukraine.
Ukraine said that it had paid the debt in full but Russian gas export monopoly Gazprom said it had not received the cash. Disputes also remained over the price Kiev will pay for its gas supplies next year. European states, which receive a quarter of their gas from Russia ��� mainly via pipelines running across Ukrainian territory ��� are watching the row closely and have called on both sides to reach a compromise.
Waging their fourth gas row in as many year, Kiev and Moscow have been trading accusations daily. Gazprom says it is owed over $2 million in arrears for gas deliveries, a sum disputed by Ukraine, while Kiev says the price Russia is asking for gas in 2009 is too high.
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