Russia threatens EU with gas cuts for re-exporting to Ukraine

In the text of an interview to be published on Friday in Germany’s Handelsblatt newspaper, Novak said re-exports were unacceptable – reversing a position he took in an Austrian newspaper interview last week.

“The contracts signed do not have any provisions for re-exports,” Novak told Handelsblatt. “We hope that our European partners respect the past agreements. That is the only way to guarantee un-interrupted supplies.”

Hungary suspends gas supply to Ukraine

Hungary’s gas operator FGSZ Ltd. has suspended gas supplies to Ukraine for an indefinite period of time, the company said on Thursday.

The decision was made to meet the growing domestic demand for gas, news agency ITAR-TASS quotes the company said.

Gas supplies to Ukraine were suspended at 18:00 local time on September 25. “Gas supplies have been halted for an indefinite period of time,” the company said.

In March 2013, Ukraine and Hungary agreed on gas supplies to Ukraine in the amount of up to 6.1 billion cubic metres a year (16.6 million cubic metres a day).

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