Ukraine’s failure to pay gas debt may cut gas supply to Europe – Russia’s energy minister

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Ukraine’s growing gas debt may lead to the failure of the country’s transit obligations and the reduction of gas supplies to south-eastern Europe, said the Russian Energy Ministry.Officials from Russia, including Energy Minister Alexander Novak and Gazprom CEO Alexei Miller, and officials from Bosnia-Herzegovina, Macedonia and Moldova held talks in Moscow on Saturday. The meeting, also attended by officials from the Russian Ministry of Economic Development and the Finance Ministry, was held in the form of consultations on the security of gas transit through Ukraine. All sides expressed deep concern about Ukraine’s growing debt, Novak told journalists.

For full report read …… http://rt.com/business/155100-ukraine-gas-debt-eu/

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