Long-term concerns over Gazprom dispute with Belarus
Market participants warn of possible long-term European gas import concerns, after Gazprom slashes gas supplies to Belarus over a debt payment dispute, echoing the European gas import crisis of 2009
Gazprom's dispute with Belarus may signal potential supply problems in the long term, though European gas imports will not be affected immediately, according to analysts. Gazprom, Europe's largest gas supplier, cut supplies to Belarus today (June 21) following a failed round of debt repayment talks.
“Gazprom has said that supplies to the West will not be restricted, but the markets will be watching with interest, fearful of a repeat of the crisis that saw supplies shut off in 2009,” says
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