Gazprom threatens cut-off over Ukrainian theft

Russia’s Gazprom could slash gas deliveries to Moldova after accusing Kiev of siphoning it off during Ukraine transit Read Full Article at RT.com

Gazprom threatens cut-off over Ukrainian theft

The company has accused Kiev of siphoning off transit supplies destined for Moldova

Russian energy giant, Gazprom, said on Tuesday that Ukraine was diverting natural gas supplies transiting to Moldova, and the company has threatened to curtail deliveries through a key pipeline in response.

“The volume of gas supplied by Gazprom to the ‘Sudzha’ gas measuring station (GMS) for transit to Moldova via Ukraine exceeds the physical volume transmitted at the border of Ukraine with Moldova,” Gazprom’s statement read.

Moldova paid for some November gas supplies on Monday, according to Gazprom, which said that Kiev had kept 52.52 million cubic meters of gas meant for Moldova on its territory.

The Russian energy company further warned that if the transit imbalance persists then it would begin slashing gas supply to the Sudzha GMS for transit via Ukraine from 10 am (7am GMT) on November 28, “in the amount of the daily underderlivery.”

The Sudzha transit line through Ukraine remains the only route to supply Russian gas to western and central European countries after the Nord Stream network was damaged by a suspicious explosion in September.

Later on Tuesday, Kiev accused Gazprom of manipulating the facts. The country’s gas transmission system operator stated that the entire volume of gas accepted by Ukraine at the border with Russia was transferred to Moldova. However, some of that gas is returned to Ukraine in the form of a “virtual reverse,” the operator claimed.

READ MORE: European country launches firewood distribution website

Meanwhile, land-locked Moldova, which has been suffering massive blackouts lately, has called for international assistance as soaring energy costs and skyrocketing inflation are set to put a huge strain on consumers in one of Europe’s poorest countries.

According to the French Foreign Ministry, support is all the more important as Moldova is facing an unprecedented energy crisis as winter approaches.

Find more stories on economy and finance in TROIB business