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    Anadolu Agency: Gazprom - Ukraine Dispute "Threatens Europe's Gas Supplies"

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Summary

Alexei Miller, head of Gazprom, has said that Ukrainian state-run Naftogaz's failure to prepay on time for gas could cause Europe-wide outages within two days

by: Erica Mills

Posted in:

Press Notes

Anadolu Agency: Gazprom - Ukraine Dispute "Threatens Europe's Gas Supplies"

The chairman of Russian gas giant Gazprom has warned supplies of gas to Europe could be seriously affected within two days amid an ongoing dispute with Ukrainian firm Naftogaz.

Alexei Miller said in a statement on Tuesday that European supplies could be hit after his company refused to deliver 114 million cubic meters of natural gas requested by Naftogaz over the Ukrainian energy provider's alleged failure to pay in advance for supplies.

Miller said: "Ukraine has not made a timely pre-payment for gas. 

"Today, only 219 million cubic meters of prepaid gas is left and it takes about two days for funds from Naftogaz to transfer to Gazprom."

"Therefore the delivery of gas to Ukraine in the requested daily amount of 114 million cubic meters will lead to a total halt of Russian gas deliveries to Ukraine in just two days, which poses serious risks for the transit of gas to Europe," he warned.

Read the full article HERE.