AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Roughly one-quarter of Europe's supply of natural gas is provided by Russia's state-owned Gazprom monopoly, and about 90 percent of that supply crosses the Ukraine by pipeline. That energy flow underwent a critical disruption when "Russia cut the amount of gas flowing into the pipeline" as a result of a price dispute with Ukraine, reported the January 2 Financial Times.
"Gas flows through Slovakia's long-distance pipeline--the main gateway for Russian gas to western Europe--had dropped 30 percent on Monday [January 2], according to the economy ministry," continued the report. "Hungary, one of the most vulnerable countries in the region because it relies on Russian gas for almost 40 percent of its total energy needs, saw supplies drop by half on Sunday night. Poland said it was receiving about a third less gas through the pipeline, while Austria's OMV, the oil and gas company, said its supplies of Russian gas had fallen by the same amount." Italy's gas supply dropped by a quarter, and France's dropped by 30 ...