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Cut in Russian gas supplies to Ukraine would not hit Europe - EU

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Any possible halt in Russian gas supplies to Ukraine is unlikely to affect European consumers, the European Commission energy spokesman said Thursday.
BRUSSELS, February 7 (RIA Novosti) - Any possible halt in Russian gas supplies to Ukraine is unlikely to affect European consumers, the European Commission energy spokesman said Thursday.

Russian energy giant Gazprom said earlier it could halt gas supplies to Ukraine, through which gas flows to Europe, on February 11 over "unregulated" gas consumption and the former Soviet republic's growing debts.

However, Gazprom has assured the European Commission that the situation would not affect Russian gas deliveries to EU countries, Ferran Tarradellas said.

He said the EC would keep track of the situation and would like to see both parties find a solution to the problem.

Gazprom said Ukraine's outstanding debt totals $1.5 billion. In early 2006, a cutoff in gas supplies to Ukraine led to European countries receiving smaller amounts of Russian gas for several days. Following this, many European countries began to consider ways in which to diversify gas supplies.

About 80% of the natural gas that Russia supplies to Europe is transited via Ukraine.

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