Trade War: Gazprom Threatens to Disrupt Gas Supplies to Europe

Monday, March 3, 2014
By Paul Martin

Deep state agenda behind Ukraine conflict revealed

Paul Joseph Watson
Prison Planet.com
March 3, 2014

Russian-controlled natural gas giant Gazprom has threatened to disrupt gas supplies to Europe following warnings by John Kerry and others that harsh economic sanctions could be imposed on Moscow, as the Ukraine crisis threatens to spiral into a trade war.

“Simmering political tensions in Ukraine, that are aggravated by inadequate economic conditions, may cause disruptions of gas supplies to Europe,” the company announced today.

Although the monopoly said it would attempt to reduce export risks, Gazprom’s chief financial officer Andrei Kruglov cautioned that Ukraine had failed to fulfil its debt obligations. This followed Gazprom spokesperson Sergai Kupriyanov’s warning on Saturday that Ukraine would see its account with Gazprom canceled as a result of an overdue tab of $1.5 billion dollars.

Although the warning of a gas disruption to Europe is not being characterized as political payback, it would be naive to think otherwise. The Financial Times describes Gazprom’s monopoly as a “formidable weapon to deploy against Ukraine,” noting that, “conflict with Russia would imperil one of the transit routes for gas to Europe” and lead to higher prices.

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