The gas war continues.

"Gazprom from 10 am March 3, 2008 has reduced gas deliveries to Ukraine by 25%. February 4 at 20:00 Russian gas monopoly has reduced the supply for another quarter. European consumers continue to receive gas in full.

volumes of gas supplies to Ukraine have dropped by half and Gazprom does not exclude that the reduction in the supply of "blue fuel" could continue if our neighbor does not change its stance and resume talks. Naftogaz of Ukraine, in turn, does not preclude restrictions on the volume of transit of Russian gas to the EU if Gazprom cut gas supplies will continue to Ukrainian consumers.

Ukraine does not comply with the agreement the two presidents on 12 February: Do not set up a joint venture for gas, not the full payment for gas already delivered, there is no contract for the supply of "blue fuel" this year.

Russia believes the most reliable supplier of gas to the European Union and the War of Gazprom with Ukraine not to spoil this reputation. EUROGAS understand that in this conflict situation to blame the Ukrainian side. The concerns of major purchasers of "blue fuel" is a weak competition in the European gas market and the most optimal solution for stable relations between the EU and Russia in the field of energy supply is considered the development of joint projects with Gazprom.