Gazprom Says Gas Supplies to Europe Reliable Despite Ukraine Cut-Off

A view of the main office of Russian gas exporter Gazprom in Moscow, Russia.

Russia's Gazprom on Thursday said the termination of a contract with Ukraine's state-owned gas company Naftogaz, which compensates Kiev if it needs to use its gas to meet additional demand from Europe, would not affect supplies to Europe.

"Termination of this agreement by Gazprom Export does not affect the reliability of supplies through Ukraine," the company said in a statement.

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Ukraine's Naftogaz Says Gazprom Seeks to End Compensation Contract

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