Russian energy supplier to reactivate gas supply - 13/01/2009
Russian energy supplier Gazprom is set to resume the gas supply to Ukraine and the rest of mainland Europe, after nearly a week, reports the BBC.
The Russian energy supplier originally cut off Ukraine as the result of a longstanding dispute over alleged unpaid gas bills, but then the gas bound for neighbouring European countries was also affected as Russia accused Ukraine of siphoning supplies. No agreement has yet been reached over how much Ukraine owes Russia or how much Ukraine will be paid for accommodating gas transit for other countries.
Russian television filmed the physical reactivation of the gas supply to Ukraine, and supplies are expected to reach their normal levels within 48 hours.
The dispute has affected 15 separate European countries at the height of a particularly cold winter and the EU is looking to ensure that the situation does not reoccur in the future.
Experts in the UK voiced their concern that the dispute could threaten the future of cheap energy in Britain and could delay expected price reductions from energy suppliers.
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