Europe will face another catastrophic gas shortage this winter if the EU and its member states do not act fast to resolve a gas price dispute between Russia and Ukraine. Unbeknownst to many, Russia stopped supplying gas to Ukrainian consumers this summer because of a payment dispute. If this current dispute is not settled soon so that gas can again flow from Russia, Ukraine could be forced to tap into gas supplies destined for Europe to prevent its own citizens from freezing this winter.
Posted on: Sat, 18 Oct 2014 12:00:00 +0000
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