Friday, March 2, 2018

Snow-hit Ukraine faces gas squeeze as Gazprom holds back supplies

Snow-hit Ukraine faces gas squeeze as Gazprom holds back suppliesMOSCOW/KIEV (Reuters) - Kiev and Moscow plunged into a new gas dispute on Thursday after Russia's Gazprom (GAZP.MM) unexpectedly decided not to restart supplies, forcing Ukraine to cut usage despite freezing weather. Ukraine's state-owned energy firm Naftogaz said it would ask heating firms to use 5-10 percent less gas for four days from Saturday. It also said it would seek compensation from Gazprom.




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