Atlanta, Ga. 1/3/2009 1:15:30 AM
News / World

Russia Accuses Ukraine of Stealing Gas Intended for Other European Countries

The conflict between Russia’s largest gas company and Ukraine has continued to escalate and now Gazprom has accused the country of stealing gas that was intended for other European countries.

 

Gazprom shut off supplies to Ukraine on Thursday after the country reportedly failed to settle an outstanding debt of more than $1.5 billion and did not sign a new price contract for 2009. While Russia has stopped shipping to Ukraine they have not stopped shipping through Ukraine, a major route for pipelines distributing gas to the rest of Europe.

 

Ukraine had said they would not interrupt the transportation of gas but now Russia has accused the state gas company of siphoning gas from the pipelines. Ukraine has denied the accusations and have said they have plenty gas in reserve to operate for at least five months.

 

Talks between the two sides broke down earlier this week when a new price contract could not be reached.

 

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