Gazprom Raises Risk Level of Gas Transit Through Ukraine to Critical

Russia’s gas giant Gazprom has heightened the risk level of Russian transit gas to Europe through Ukraine to “critical,” the company said in a report Friday.
“At the current moment, risks with the transit of natural gas through the territory of Ukraine have been raised to the critical level. This situation is tied with Ukraine’s Naftogaz’s arrears before Gazprom for gas delivered September 30, 2014, that stand at approximately $5.3 billion,” the report reads.
On October 30, during the final round of gas talks between Russia and Ukraine, brokered by the European Union, a so-called winter package agreement securing gas supplies to Ukraine until March was signed.

This post was published at Sputnik News