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Monday, December 29, 2008

'Russia gas cut-off may hit Europe'

23 December, 2008 - Upstream - It will be difficult to ensure the transit of gas through Ukrainian territory to European customers if Russia cuts supplies to Ukraine, Oleh Dubyna, the head of Ukraine's state energy company Naftogaz Ukrainy, was quoted as saying today. "Our reserves are meant to provide specifically for Ukrainian consumers, while transit of European gas also requires the 'feeding' of technical gas," Reuters quoted Dubyna telling the UNIAN news agency. "Gazprom must supply this gas. Otherwise, we will be unable to maintain pressure at the required level in the system that oversees transit."

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