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Russia has slashed natural gas deliveries to Ukraine and Belarus over combined unpaid debts of $1.14 billion. (Brief Article)
Russia has slashed natural gas deliveries to Ukraine and Belarus over combined unpaid debts of $1.14 billion.
Gazprom will maintain deliveries at 1.05-1.75 bcfd until Kiev settles its bill, in Russian rubles or hard currency. That's down from 7 bcfd in less than a week. Ukraine paid $20 million Mar. 5, but that only stopped further cuts. Moldova, also in arrears, dodged a similar bullet by promising to pay in agricultural produce. Turkmenistan halted deliveries of …
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