Monday, January 5, 2009

Russian gas supply row spreads


Russian gas supply row spreads
05-01-2009

Russian gas supplies to the Czech Republic and Turkey dropped on Sunday, the latest victims of a deepening row between Russia and Ukraine over debts and pricing. The stand-off began when Russia cut off the gas to Ukraine on New Year's day. The two sides blame each other for the dispute. Analysts said Europe, where temperatures in many places were below zero, could face problems if the row dragged on. The gas row is likely to raise new questions in Europe about Russia's reliability as a gas supplier.

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