Chastised Russia all but abandons gas blockadeMon Jan 2, 2006 4:52 PM ET
By Meg Clothier and Nick Antonovics
MOSCOW/BERLIN (Reuters) - Russia was forced to all but abandon a gas blockade against neighbouring
Ukraine on Monday after European trade partners complained that their own supplies were hit and
warned Moscow relations would suffer.
State-controlled Gazprom said on Monday it would restore full gas supplies to Europe by Tuesday,
two days after the gas monopoly cut supplies to Ukraine in a dispute over a steep price hike.
Gas deliveries across Europe, which imports a quarter of its needs from Russia, started to fall
dramatically as Moscow reduced exports through a pipeline to Ukraine which continues on to European
customers.
Russia, which took over the G8 chairmanship for the first time this month and promotes itself
as a reliable energy source, made the cuts on Sunday after Ukraine rejected Moscow's demand
for a fourfold price rise.