Russia's Gazprom says has started terminating gas contracts with Ukraine

Russia's Gazprom says has started terminating gas contracts with Ukraine

FILE PHOTO: A general view shows the headquarters of Russian gas giant Gazprom in Moscow, Russia June 30, 2016. REUTERS/Maxim Shemetov/File Photo
MOSCOW: Russia's gas giant Gazprom has started a procedure to terminate contracts with Ukrainian energy firm Naftogaz in an arbitration tribunal in Stockholm, Gazprom deputy CEO Alexander Medvedev said on Saturday.Gazprom said on Friday it would end the contracts after losing a court case, escalating a dispute which has left Ukraine struggling to stay warm and which the EU said could threaten gas flows to Europe.(Reporting by Vladimir Soldatkin; Writing by Andrey Ostroukh; Editing by Andrew Heavens)
Source: Reuters
 Source : http://www.channelnewsasia.com/news/business/russia-s-gazprom-says-has-started-terminating-gas-contracts-with-ukraine-10010298