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Russia sparks gas supply fears

Updated on 06 January 2009

Source PA News

Russia has raised the stakes in its gas dispute with Ukraine in a move which risks serious reductions in supplies to European Union countries.

Moscow announced a 20% cut in the volume gas piped to Europe via Ukraine, which is refusing to pay higher prices demanded by Russia's monopoly supplier Gazprom.

Although Gazprom's boss promised to make up the EU shortfall by sending more gas via other routes, the decision increased concern in Brussels of energy shortages as winter bites.

These news feeds are provided by an independent third party and Channel 4 is not responsible or liable to you for the same.

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