Russia Cuts Gas Supplies To Europe And Balkans

Other European and Balkan countries have got caught up in the ongoing dispute over gas supplies between Russia and Ukraine.

Since supplies to Ukraine were turned off on 1st January, Gazprom, the Russian gas exporter, says it has cut gas shipments to Europe piped through Ukraine to 92 million cubic meters, less than one third of normal levels.

With temperatures across Eastern Europe plunging, Gazprom have cut supplies to Bulgaria, Turkey, Greece and Macedonia at the Ukrainian-Romanian border, according to Bulgaria’s Energy Ministry.

UK gas for immediate delivery gained 8.7 percent yesterday.