Deja Vu as Gazprom Cuts Gas to Ukraine
After cutting exports to its neighbor, the Russian energy company promised western European supplies would not be affected
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Gazprom yesterday promised western European countries they would not be affected by the latest escalation in the Russian energy giant's bitter row with Ukraine, as it cut supplies to the country by 25 per cent.
The reduction in exports, which took effect yesterday morning, was not as serious as the last outbreak of hostilities in 2006, when Gazprom suspended all gas deliveries to Ukraine for three days. That crisis caused supply shortages across western Europe, which gets about a fifth of its gas via Ukrainian pipelines from Russia.