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End of gas contract won't affect EU

Thursday, June 19 17:44:07

Russia's Gazprom gas company said yesterday the termination of a contract with Ukraine's state-owned gas company Naftogaz, would not effect supplies to Europe.

Under the contract Kiev is compensated if it needs to use its gas to meet additional demand from Europe.

"Termination of this agreement by Gazrpom Export does not affect the reliability of supplies through Ukraine," the company said in a statement. (Reuters)