Gas dispute has EU nervous
The Ukrainian government has agreed to allow European Union technical observers into the country to...
The Ukrainian government has agreed to allow European Union technical observers into the country to monitor gas supplies.
This after exports from <?xml:namespace prefix="st1" ns="urn:schemas-microsoft-com:office:smarttags"?><country-region w:st="on">Russia</country-region> to Europe, via <country-region w:st="on"><place w:st="on">Ukraine, </country-region>were stopped aimd a long-running dispute over unpaid bills.
The row comes amid a cold snap across <place w:st="on">Europe that’s likely to push up the demand for gas.
The EU depends on <country-region w:st="on">Russia</country-region> for about a quarter of its gas supplies, most of which is pumped through the <country-region w:st="on"><place w:st="on">Ukraine</country-region>.
Director of <city w:st="on"><place w:st="on">London’s Oxford Institute for Energy Studies, Jonathan Stern, said plummeting temperatures along with a gas shortage may have catastrophic consequences.<?xml:namespace prefix="o" ns="urn:schemas-microsoft-com:office:office"?>
