Saturday, April 26, 2014

Gazprom Says Won't Halt Gas Flows to Europe Over Ukraine Gas Price Row - WSJ.com

Gazprom Says Won't Halt Gas Flows to Europe Over Ukraine Gas Price Row - WSJ.com



This is an interesting article about natural gas being delivered to Europe through Ukraine.  Supposedly, Ukraine owes billions of dollars to Gazprom for gas it either delivered or was contracted to deliver.  Gazprom is planning to cut off the gas flow to Ukraine in May if they don't pay part of their bill.  If gas gets cut off, southern Europe won't get any either.  On top of that, we have military tensions between Russia and Ukraine.  Now is not a good time to be investing in Gazprom.

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