Gazprom Says Gas Flow to Europe Stable, Despite Ukraine Standoff

By Reuters

June 24, 2014

Gazprom cut off gas supplies to Kiev after Ukraine failed to pay off its gas debts. Maxim Stulov / Vedomosti

Russian gas flows to Europe via Ukraine were stable on Tuesday amid a pricing standoff between Moscow and Kiev, Russian gas pipeline export monopoly Gazprom said.

Gazprom cut off gas supplies to Kiev last week after Ukraine failed to pay off its gas debts. Gazprom meets around a third of Europe's gas imports, while half of Russian gas exports to Europe go via Ukraine.

"Transit via Ukraine flows within contractual parameters, the volume for the past 24 hours has been at 214 million cubic meters," Gazprom's spokesman Sergei Kupriyanov said.

This was up from 205 million cubic meters from a day before.

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