One who intends to leave others better off for his having existed.

3/4/14

Maps; What if a few in Ukraine retaliate against Russia by blowing up a few gas pipelines supplying Western Europe?

"Russian natural gas monopoly Gazprom will discontinue discounts on gas deliveries to Ukraine starting early April, Chief Executive Alexei Millier was quoted by Interfax news agency as saying Tuesday.

He cited Ukraine’s failure to fulfil its contractual obligation as the reason behind the decision, according to Interfax.

Russian Prime Minister Dmitry Medvedev called Gazprom’s actions “justified” and ordered the country’s finance ministry to look into potential risks or providing a $2 billion-$3 billion loan to Ukraine so that it can repay its gas deliveries debt to the company, the agency reported.

Medvedev also said that Ukraine hasn’t yet made full payment for February gas deliveries, according to the news agency."

http://www.marketwatch.com/story/gazprom-to-end-gas-discounts-to-ukraine-interfax-2014-03-04

http://www.zerohedge.com/news/2014-03-04/it-begins-gazprom-warns-european-gas-supply-disruptions-possible
"simmering political tensions in Ukraine, that are aggravated by inadequate economic conditions, may cause disruptions of gas supplies to Europe."

"On March 1, Gazprom’s spokesperson Sergai Kupriyanov said the gas holding could cancel its gas supply discount for Ukraine as its overdue debt for gas reached $1.5 billion."

"Russia...still supplies around 30% of Europe's gas."

"The company...was once headed by the former president (and current prime minister) Dmitry Medvedev"

http://www.zerohedge.com/news/2014-03-04/it-begins-gazprom-warns-european-gas-supply-disruptions-possible

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