Russia, Ukraine fail to clinch gas deal amid fears of cuts
Published: 29 October 2019, 9:09:13
Russian and Ukrainian negotiators have failed to agree on a new long-term natural gas transit contract, raising the specter of possible supply cuts during the winter.
Russia and Ukraine have been embroiled in numerous gas price wars and concern is mounting that Russia could turn the taps off again. A lot of Russian gas bound for Europe transits Ukraine.Sefcovic, who supervised the talks, says all sides “agree that the disruption of supplies is absolutely a non-option.”
He is appealing to the negotiating teams to be prepared for a new round of talks, hopefully in a few weeks.
