Russia's Prime Minister Vladimir Putin and state-controlled Gazprom chief Alexei Miller meet to discuss the disrupted gas supplies to Europe. The European Union gets a fifth of its gas from pipelines that cross Ukraine.
Moscow and Kiev must honour their commitments to supply Europe with natural gas after Russia halted its supplies to neighbouring country Ukraine, European leaders have warned.
Russia shut off gas supplies to Ukraine for the second time in three years over a payments dispute, stirring up concerns of interruption of natural-gas shipments to Europe. How will the new gas crisis be resolved this time?
Russian state gas giant Gazprom says it will carry out threats to halt deliveries to Ukraine, since the contract dispute failed to be resolved by the Dec. 31 deadline.
Ukraine's contract for Russia's supply of natural gas has expired, according to energy giant Gazprom, paving the way for an anticipated supply cut-off.
Russian Prime Minister Vladimir Putin has warned of "severe consequences" if Ukraine disrupts Russian gas supplies to the EU. Kiev had earlier threatened to divert energy transports if no new deal was signed with Gazprom.
Russian energy giant Gazprom said there was a 50% chance that Russia would cut gas supplies to Ukraine if its Ukrainian counterpart Naftogaz is unable to settle some 2 million euros worth of unpaid gas deliveries.
Russian energy giant Gazprom has warned its European clients that a conflict with Ukraine over unpaid debts could affect deliveries to Europe. Ukraine is a major transit point for Russian gas supplies to the Continent.
Russia has threatened its neighbour Ukraine with sanctions over unpaid gas debts, which it will impose if these are not paid "to the last ruble", according to President Dmitry Medvedev.
Russian PM Vladimir Putin said the "era of cheap gas" was over, prompting fears that a newly created Qatar-based forum aimed at coordinating gas policy could turn into an equivalent of oil cartel OPEC.
